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06-03-2017, 02:50 PM #1
- Join Date
- May 2017
- Posts
- 5
Rate sensitive merchants
I have about 20 files that we funded last year with CAN Capital that are now nearing being eligible for renewals. Most of these files were sold the CAN Capital retention rates (1.20-1.25%) between 12-24 month terms.
Since CAN capital is no longer funding, i'm looking for a 1st position lender that can buy out some of these balances and offer similar terms for these merchants. Does anyone have any suggestions?
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