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  1. #1
    Senior Member Reputation points: 11170
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    Fund, all I care about is funding them.

    Most folks taking 1.49s I feel are mentally challenged.

    Quote Originally Posted by FUNd View Post
    The big question on this one is why is he willing to pay thousands more over the life of the loan just to have the equipment in the business's name? What's the benefit?

  2. #2
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    Quote Originally Posted by johndough17 View Post
    Fund, all I care about is funding them.

    Most folks taking 1.49s I feel are mentally challenged.
    If they can take money at a 1.49 and double the money they borrowed.... why are the Challenged? That's a 51% Return

  3. #3
    Senior Member Reputation points: 23718
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    Quote Originally Posted by johndough17 View Post
    Fund, all I care about is funding them.

    Most folks taking 1.49s I feel are mentally challenged.
    Lol, I get that all you care about is funding them, but all the lender cares about is protecting their investment. These are elementary questions any competent underwriter will ask. There is no reason I can think of for someone to give up a smokin' rate on a loan just to get equipment financed under a different entity. Makes zero sense. Ask questions dude. You'll save a lot of time.

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