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  1. #1
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    my theory is everyone will backdoor you or find away to cut you off if they do not see the potential of how much business you can do with them.
    if you find enough business even if you have bad ratios they will ignore it . defaults are a different story because sometimes they have to adhere to their investors

  2. #2
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    Quote Originally Posted by Michael I View Post
    my theory is everyone will backdoor you or find away to cut you off if they do not see the potential of how much business you can do with them.
    if you find enough business even if you have bad ratios they will ignore it . defaults are a different story because sometimes they have to adhere to their investors
    This. It’s amazing how far down I’ve edited my list of funders. Got to keep the dealflow right in order to guarantee they don’t **** you. And they will **** you if given the chance.

  3. #3
    Member Reputation points: 6902 morgan.quinn's Avatar
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    Quote Originally Posted by WestCoastFunding View Post
    This. It’s amazing how far down I’ve edited my list of funders. Got to keep the dealflow right in order to guarantee they don’t **** you. And they will **** you if given the chance.
    Wow, its sad that this is a real concern. I've paid a full renewal commission to a guy that wasn't even in MCA anymore-- It was the only file he had ever submitted, and we hadn't talked to him a single time in the ten months since he originally submitted the file. lol

    Of course, low submission volume could be due to all sorts of things- Maybe the broker doesn't have a lot of deal flow themselves; Maybe they're only sending you certain kinds of deals that come across their desks; Maybe you're just not competitive enough; etc. Whatever the reason, it'll never make sense to screw someone over that quite literally brings business to your front door-- Just screwing yourself out of a potentially wonderful relationship later.

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