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  1. #1
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    Consolidations - rookie question

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    Last edited by ABC2016; 01-04-2018 at 09:37 PM.

  2. #2
    Veteran Reputation points: 159120 J.Celifarco's Avatar
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    QS will pay off a second position and take the second and most of the other companies you mentioned will payoff 2 and take the first (depending on the company the merchant net % varies). That being said I dont thing anyone is paying off 3 positions to take the first out of these companies. When you get up to 3 positions now start becoming consolidations and then the terms and the rates are not what these top tier banks offer.
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    Quote Originally Posted by J.Celifarco View Post
    That being said I dont thing anyone is paying off 3 positions to take the first out of these companies. When you get up to 3 positions now start becoming consolidations and then the terms and the rates are not what these top tier banks offer.
    #endthread

  5. #5
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    Depends on the following:

    When was the last funding
    Who is getting paid off
    How much is being paid off
    How much are they netting

    They obviously couldn't get the right amount the first time so your roster will probably see 3 as super high risk to pay off unless he is netting more than 70%
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