Results 1 to 4 of 4
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05-15-2019, 02:06 PM #1
- Join Date
- Oct 2016
- Location
- NYC
- Posts
- 118
Who does 18 month deals that has no minimum net requirement on a payoff
IOU is giving me a hard time, merchant needs to pay off $100k balance with Quarterspot and is only looking to net $50k...
Most banks require the merchant to net 50%
Any ideas?
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05-15-2019, 02:07 PM #2
best I have heard is Rapid requires 35% net
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05-15-2019, 03:37 PM #3
- Join Date
- Jul 2015
- Posts
- 168
We don't have a net rule @Lendvo. That said $100k is a big balance so the file has to be very high quality.
You can reach out to support@lendvo.com
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05-15-2019, 03:41 PM #4
- Join Date
- Aug 2016
- Posts
- 275
Ondeck?
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