Short term deals
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  1. #1
    Senior Member Reputation points: 51397 DTFdowntofund's Avatar
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    Short term deals

    Anyone else seeing a ridiculous amount of short term deals lately? I've literally seen 420k, for 1.49 over 18 days,... 350k, 1.49, 12 payments etc. Crazy man. 4 years ago I used to say how I felt like this industry was the wild wild west, comparatively from when I got into it (2010). But these days make those look like child's play.

  2. #2
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    Funded a 10 day deal today

  3. #3
    Senior Member Reputation points: 51397 DTFdowntofund's Avatar
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    how much?

  4. #4
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Lol I have never seen a offer less than 35 days.
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  5. #5
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    Quote Originally Posted by patrickw View Post
    Lol I have never seen a offer less than 35 days.
    So many of the new guys are offering 20 payment deals. Been seeing it lile crazy.

    Before these guys came along, merchant cash group was the king of them. But they’re different in that MCG won’t stack. These new guys are basically white labelers that will only fund their own deals 100% when they see a chance to irresponsibly stack merchants with a 20 payment deal as a 5th position.

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