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04-09-2019, 09:22 PM #6
Reputation points: 71352
- Join Date
- Mar 2016
- Posts
- 908
This seems like a very fundable deal, but the merchant has an unrealistic expectation. This sounds like a really awesome 3rd position deal, or a really good 2nd position deal paying off Paypal. But Paypal is top notch so i don't think the merchant would want to get rid of them.
Lendr's balance is just too high in my opinion. Maybe merchant takes a 3rd until the balance is low enough to pay them off which should happen come refi time? Let me know your thoughts on this.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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