Shout out to IOU
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  1. #1
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Wink Shout out to IOU

    Just funded an amazing deal of 150K with IOU. This deal was literally declined on initial underwriting due to high balance but thanks to my rep Merie Lopez. She made it possible.

    Merchant had 2 advances around 85K. IOU gave me a whooping offer 150K 12 months with 1.20 buy paying off all positions and net him rest of the money. Made 10 points out of it. Very easy stips.
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  2. #2
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    Quote Originally Posted by patrickw View Post
    Just funded an amazing deal of 150K with IOU. This deal was literally declined on initial underwriting due to high balance but thanks to my rep Merie Lopez. She made it possible.

    Merchant had 2 advances around 85K. IOU gave me a whooping offer 150K 12 months with 1.20 buy paying off all positions and net him rest of the money. Made 10 points out of it. Very easy stips.
    Thats Sik, Congrats! Bro you seem to have a nice lead source. You always posting about dope deals.

  3. #3
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    that's not reality by any stretch of the imagination with them, but, kudos if you got that deal done.

  4. #4
    Senior Member Reputation points: 45092
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    Quote Originally Posted by fundingsmbs View Post
    that's not reality by any stretch of the imagination with them, but, kudos if you got that deal done.
    yeah sounds nothing like IOU, thats a nice ticket. Chargers good deals are originated by good salesman not good leads.

  5. #5
    End of the month desperation numbers? Typical IOU

  6. #6
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Look at this screenshot

    http://prntscr.com/mnw7qa
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  7. #7
    Senior Member Reputation points: 50761
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    Quote Originally Posted by patrickw View Post
    Look at this screenshot

    http://prntscr.com/mnw7qa
    That tier chart is off.

    I get max upsell of only 9 pts or 8 pts or 7 or 6 with them sometimes on dailies over 9m or weekly over 12m. The sell rates are weird based on the approval.

  8. #8
    Senior Member Reputation points: 45092
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    Quote Originally Posted by Zonefund View Post
    That tier chart is off.

    I get max upsell of only 9 pts or 8 pts or 7 or 6 with them sometimes on dailies over 9m or weekly over 12m. The sell rates are weird based on the approval.
    they pay up to 12 now, sent you pm zone

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