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08-26-2019, 11:45 AM #1
Reputation points: 12169
- Join Date
- Jul 2015
- Posts
- 168
Lendvo has a 0-net rule.
That doesn't mean a stright-refi like this is easy though. On this file we wouldn't even consider a zero-net until the balances were down to $50k. We'd also need to be able to save the merchant a lof of money in terms of cash drain from debt servicing.
Could be easier though if merchant was willing to switch processing and can show a profitable 2018 corp return.
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