Only the RBA has the license to print new money, it doesn't sound like you understand how banks/alternative lenders work. Tyro needs the term deposits to lend out. If they don't, Tyro will run out of equity.
It might help to have a good read and understanding of the Propsa results. They are a bit more digestible than the Tyro ones. Impairment increase of >240% and funding cust increase of about 100%. Small business lending is a scary place to be right now.
The Merchant Cash Advance is not suitable for medium and larger-size businesses. For that, you need to start looking at overdrafts and term loans and asses the businesses on balance sheets, not on fluctuating card payments.
TYR Price at posting:
$1.14 Sentiment: Hold Disclosure: Held
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