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.
Only the RBA has the license to print new money, it doesn't...
-
- There are more pages in this discussion • 134 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TYR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
99.5¢ |
Change
-0.005(0.50%) |
Mkt cap ! $521.4M | |||
| Open | High | Low | Value | Volume |
| $1.01 | $1.02 | 98.0¢ | $2.141M | 2.148M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5483 | 99.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.5¢ | 8998 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| TYR (ASX) Chart |