Results 26 to 33 of 33
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03-13-2020, 12:48 PM #26
- Join Date
- Jan 2020
- Posts
- 20
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03-13-2020, 01:07 PM #27
Hello, Sean of Broker Fair here.
As of this moment, Broker Fair 2020 is proceeding as planned. It is more than 2 months away on May 18th. Last year's day of May 18th in NYC was 75 degrees. The recent NY gathering restriction is for right now. It is precautionary and it is very unlikely to continue to still be in effect in May. We are of course monitoring all the angles. Events are booked in stone with a venue typically a year in advance. We will advise you if something changes!
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03-13-2020, 01:30 PM #28
- Join Date
- May 2017
- Posts
- 170
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03-13-2020, 01:48 PM #29
- Join Date
- Feb 2018
- Posts
- 1,349
let's keep an eye on the modifications that will begin to mount. those who do 12-24 mo terms, I have to concur with the recent article, they are too far out at this point to mitigate risk. they will have to work with merchants who have a dip in sales or had to temp close their business. depending on how deep this issue becomes, this will be a historical footprint into what impact issues like this have on lending.
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03-13-2020, 01:53 PM #30
- Join Date
- Oct 2016
- Posts
- 4,318
Maybe it’s related, maybe unrelated, but anyone seeing OnDeck declining beautiful looking files over past week or two, or only offering ridiculously small funding amounts?
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03-13-2020, 01:56 PM #31
- Join Date
- Feb 2018
- Posts
- 1,349
lowering holdback is a way to mitigate risk. so, someone who would get 10-15% of gross , credit is prob going to start slicing those down
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03-16-2020, 04:20 PM #32
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,490
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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03-17-2020, 11:27 PM #33
- Join Date
- Sep 2019
- Posts
- 402
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