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07-16-2019, 06:33 PM #29
Reputation points: 71352
- Join Date
- Mar 2016
- Posts
- 908
Like i said AGAIN - 50 day deals and 30 day deals are two different types of animals. We DO NOT do them often. Do we do them? Yes we do. 50 day deal = ill give this guy a shot, theres enough room for me to squeeze in and hopefully get a better deal come refi time. A 30 day deal = taking advantage of a merchant who you see will be able to afford to pay you, but crush his business while doing so and not refi it. (In and out)
I answered your question twice now, and im not even sure why your bringing up 30 day deals when the funding in question here is a 10 day funding...
Stats for you = Month of June we funded 789 units, 68 of which were 60 days or less in term. Thats 8.6% of our volume. All day? Please, our average deal term was 101 days dude.Thank you,
Lior Monus
Business Development Manager
CFG Merchant Solutions
Direct: (646) 880-6764
Cell: (516) 319-5826
Fax: (646) 278-7322
Lmonus@cfgms.com
180 Maiden Lane New York, NY 10038
www.cfgmerchantsolutions.com
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