Excellent yield on paper, currently averages 7.0% after paying Triad’s fee. Outsourcing model requires minimal (if any) additional staff. Variable cost product, no fixed costs to lender. No marketing, collection, loan loss or repossession costs. Triad delivers a turn-key product. Significant cash reserves for losses held and controlled by lender. Triad assumes all collection efforts after 30 days. No barriers to entry or exit. Low risk consumer lending.