Reverse Masters-- John Bulnes at Premiere Capital Funding in Bayridge
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  1. #1
    Senior Member Reputation points: 307559
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    Quote Originally Posted by abfunders View Post
    Does anyone actually enjoy adding debt onto debt until there's no business left? Or they don't think about it very much because the commissions are so high?
    Is it our job to underwrite?even with 5 positions these guys rarely go over 40% gross. I got an ondeck approval that will take 50% of gross what is my responsibility?Should i not even give the merchant the option and decide on my own what the approval should be?do i throw in my 2 cents and let him decide?if funder a approves me for 30k and funder b for 50k should i tell merchnat that funder a does not think you can handle the payments from funder b . this is never ending

  2. #2
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    Quote Originally Posted by Michael I View Post
    Is it our job to underwrite?even with 5 positions these guys rarely go over 40% gross. I got an ondeck approval that will take 50% of gross what is my responsibility?Should i not even give the merchant the option and decide on my own what the approval should be?do i throw in my 2 cents and let him decide?if funder a approves me for 30k and funder b for 50k should i tell merchnat that funder a does not think you can handle the payments from funder b . this is never ending
    i think i said it better

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