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01-28-2018, 04:08 PM #1
OK so Fund-kite pays up to 5 point upsell and Premier Capital Funding pays up to 10 point upsell. I understand now totally on the commission capacity of each funder mentioned for reverse consolidations.
It's funny because on Saturday Night one of my good friends mentioned to me that files that Fundkite declines for reverse consolidations, he sends to Premier Capital Funding and the file is approved.
Something to think about I guess, as it shows me just totally different underwriting guidelines and qualifications process. All in All just because you get a decline doesn't mean it truly is a decline?
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01-28-2018, 04:51 PM #2
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01-28-2018, 11:31 PM #3Disclaimer
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01-29-2018, 08:43 AM #4
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01-29-2018, 10:46 AM #5Disclaimer
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01-29-2018, 11:26 AM #6
No games, no white-labeling, no last minute price changes. If you want to try us out, sign up!! https://fundkite.com/iso5
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01-29-2018, 11:26 AM #7
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01-29-2018, 11:28 AM #8
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01-29-2018, 11:49 AM #9
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01-29-2018, 04:25 PM #10
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01-29-2018, 04:46 PM #11
Lendvo
Isn't the whole purpose of a reverse is because merchant can't qualify for full consolidation with 3 or 4 existing positions? Basically it's a way out on the reverse and basically having the funder disburse the total weekly obligation to merchant business account for all positions to be covered and paid for daily. It is literally a fresh start program, and it works!!!
Funders want to pay off two positions max on most occasion, but to pay 3 or 4 balances is tough on the funder. Especially when the merchant will just go and stack again!!!!
How many balances will Lendvo pay off?Disclaimer
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01-29-2018, 05:38 PM #12Disclaimer
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