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  1. #1
    Senior Member Reputation points: 3217 CO1's Avatar
    Join Date
    Apr 2013
    Location
    New York
    Posts
    644

    Heather this is exactly what i did with one of my merchants and it worked out great! The only thing that annoyed me was the under writter constanly every single time wanting updated paper work everytime it was up for its rounds and payback months as well. it was fustrating but great at the same time for the pocket.

  2. #2
    Senior Member Reputation points: 2463
    Join Date
    Sep 2012
    Location
    Gainesville Florida
    Posts
    167

    On our Equity program we do not request documentation from the merchant to release their scheduled disbursement. On the date the agreement states funds are released unless they are considered in default ( verified diversion of funds or stacking of advance)



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