Results 1 to 9 of 9
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05-22-2017, 01:40 PM #1
- Join Date
- Oct 2012
- Posts
- 360
$400k deal need advice
have a nice $300k approval over 12 months 1.25 buy rate.my agent said merchant fell off her chair ..
what's my next best option ? California deal .....
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05-22-2017, 02:15 PM #2
- Join Date
- Feb 2017
- Posts
- 3,455
Funding Circle
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05-22-2017, 06:41 PM #3
- Join Date
- May 2017
- Posts
- 9
Get me the details I'll send it over to 800fund
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05-22-2017, 06:57 PM #4
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
Good for your client! Sounds like she has not taken cash advances before. :-)
As everyone here knows, outside of someone like Funding Circle, if she wants unsecured funds she is going to be paying rates in the realm you noted.
If she has real estate to leverage, the money is a LOT cheaper (5% - 12%).
Feel free to reach out if you would like to discuss.
Best,
Dan Page
Direct: (303) 938-8280
dan@fundingstrategypartners.com
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05-22-2017, 10:46 PM #5
- Join Date
- Apr 2014
- Posts
- 781
Funding circle won't yield you commission like a 300k advance.
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05-22-2017, 10:48 PM #6
- Join Date
- Oct 2012
- Posts
- 360
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05-23-2017, 08:49 AM #7
- Join Date
- Oct 2016
- Posts
- 4,318
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05-23-2017, 09:34 AM #8
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
She must have realized the effective interest is in the mid to high 40's.
How about a little more description as to what the client does to see what alternatives might exist.
Bob Sha w
Rshaw@ironhorsecredit.com
734-929-3800
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05-23-2017, 09:47 AM #9
- Join Date
- Jun 2015
- Posts
- 3,325
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