10% Fee or 1.59 is that normal?
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  1. 03-13-2019, 04:45 PM #1
    patrickw
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    10% Fee or 1.59 is that normal?

    10% fees on contract and 1.59 factor (10 points built in) is that normal on contract?
    Patrick Wilson
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    www.PremierCapitalNetwork.com

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  2. 03-13-2019, 04:50 PM #2
    Chargers
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    Quote Originally Posted by patrickw View Post
    10% fees on contract and 1.59 factor (10 points built in) is that normal on contract?
    Sounds like Yellowstone
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  3. 03-13-2019, 04:51 PM #3
    JMB
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    Quote Originally Posted by Chargers View Post
    Sounds like Yellowstone
    No, sounds like ironwood lol
    Joseph Boyle
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  4. 03-13-2019, 04:58 PM #4
    patrickw
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    Quote Originally Posted by Chargers View Post
    Sounds like Yellowstone
    No.
    Patrick Wilson
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  5. 03-14-2019, 09:02 AM #5
    MCAdude
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    Quote Originally Posted by Chargers View Post
    Sounds like Yellowstone
    I don’t think yellowstone ever goes over 1.49. Sounds like Vader or LCF
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  6. 03-14-2019, 09:47 AM #6
    Andy
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    Quote Originally Posted by MCAdude View Post
    I don’t think yellowstone ever goes over 1.49. Sounds like Vader or LCF
    LCF never goes over 1.49 And LCF has lower fees then most other high risk funders.
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  7. 03-14-2019, 12:44 PM #7
    Anthony@torro
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    Quote Originally Posted by Chargers View Post
    Sounds like Yellowstone
    Patrick is my ISO here, he's never had a deal with 10% in fees funded here.
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  8. 03-14-2019, 05:01 PM #8
    patrickw
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    Quote Originally Posted by Anthony@yellowstone View Post
    Patrick is my ISO here, he's never had a deal with 10% in fees funded here.
    Nope it's not you guys!
    Patrick Wilson
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  9. 03-13-2019, 07:20 PM #9
    rdgllc
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    Quote Originally Posted by patrickw View Post
    10% fees on contract and 1.59 factor (10 points built in) is that normal on contract?
    I've heard of 10-20% fees from the lenders that fund past defaults.

    And today we got a 1.50 buy rate from Vader.
    Last edited by rdgllc; 03-16-2019 at 06:21 PM.
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  10. 03-14-2019, 10:28 AM #10
    ryan $
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    Quote Originally Posted by rdgllc View Post
    I've heard of 10-20% fees from the lenders that fund past defaults.

    And today we got a 1.50 buy rate from Vader, lol.
    1.40 or 1.50 that is vaders rates
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  11. 03-14-2019, 10:15 AM #11
    Sachip24
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    i got a 1.67 buy rate once from WBL
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  12. 03-14-2019, 11:54 AM #12
    mcaguru
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    i heard another well known funder does in the 1.60+ range..
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    ——————————————————————————
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com
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  13. 03-14-2019, 11:56 AM #13
    JMB
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    Quote Originally Posted by mcaguru View Post
    i heard another well known funder does in the 1.60+ range..
    I heard another known funder who should take his behind to that other thread
    Joseph Boyle
    Skyline Funding
    Joseph@Skyline-Funding.com
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  14. 03-14-2019, 12:41 PM #14
    Cashman1
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    Quote Originally Posted by mcaguru View Post
    i heard another well known funder does in the 1.60+ range..
    Yo whats good havent heard from you in awhile!!!
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  15. 03-14-2019, 01:22 PM #15
    fundingsmbs
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    Quote Originally Posted by patrickw View Post
    10% fees on contract and 1.59 factor (10 points built in) is that normal on contract?
    I hope you aren't selling that to a business owner.
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  16. 03-14-2019, 05:03 PM #16
    patrickw
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    Guys I actually sold the deal. Just got the signed contract. It was a small dollar amount and she needed the money badly lol :P

    Hint: Funder is smart
    Patrick Wilson
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  17. 03-14-2019, 11:29 PM #17
    brokerCompany
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    Quote Originally Posted by patrickw View Post
    Guys I actually sold the deal. Just got the signed contract. It was a small dollar amount and she needed the money badly lol :P

    Hint: Funder is smart
    Glad you get to rape your client
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  18. 03-14-2019, 11:56 PM #18
    WestCoastFunding
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    Quote Originally Posted by patrickw View Post
    Guys I actually sold the deal. Just got the signed contract. It was a small dollar amount and she needed the money badly lol :P

    Hint: Funder is smart
    Merchant Cash group?
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  19. 03-15-2019, 05:05 PM #19
    patrickw
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    Quote Originally Posted by WestCoastFunding View Post
    Merchant Cash group?
    Nah bro. another hint they are smart funder :P
    Patrick Wilson
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  20. 03-15-2019, 05:20 PM #20
    Chargers
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    Quote Originally Posted by patrickw View Post
    Nah bro. another hint they are smart funder :P
    Smart Business Funding?
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  21. 03-14-2019, 05:05 PM #21
    WestCoastFunding
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    Quote Originally Posted by patrickw View Post
    10% fees on contract and 1.59 factor (10 points built in) is that normal on contract?
    Nope. Not normal.
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  22. 03-14-2019, 11:24 PM #22
    moneypenny1
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    forward finance does 1.59s all day
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  23. 03-15-2019, 12:16 PM #23
    fundingsmbs
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    Quote Originally Posted by moneypenny1 View Post
    forward finance does 1.59s all day
    its an insane rate
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  24. 03-15-2019, 03:29 PM #24
    JAG 1700
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    no it is not, really sounds like Vader
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  25. 03-15-2019, 05:05 PM #25
    patrickw
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    Quote Originally Posted by JAG 1700 View Post
    no it is not, really sounds like Vader
    It's not vader.
    Patrick Wilson
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