The stability is important as it relates to accessing existing and new lines of lower cost funding.  In a spread business, vital.   This is a large fragmented market and if Chesswood can further refine and automate its business, it can scale .  They have shown a good track record of solid returns and shareholder distributions.   

I worked for a US bank in lending before move back to Canada and there are a lot of undercapitalized , pretty poor alternative lenders to steal share from.  Post covid , a number may be on life support...

am hopin that new team uses more technology and can scale.  

These are the types of sub $100mm mkt cap companies that can double or triple imo.