Any lender do 12 months for B-C paper?

**closer129** · 07-27-2022, 11:57 AM

Depending on the file of what it is b or c paper my company may go out 10-12 months on a first position. But our merchants do not go out that long because we work like a line of credit and do not refinance the balance on renewals. So the first term does not matter if they renew 15 times over several years then the total coast will be between 25 and 45 depending on the tier risk of the file over 4 years instead of 12 month or higher deals that get refinanced every time they renew.

**JMB** · 07-27-2022, 01:23 PM

Originally Posted by closer129

Depending on the file of what it is b or c paper my company may go out 10-12 months on a first position. But our merchants do not go out that long because we work like a line of credit and do not refinance the balance on renewals. So the first term does not matter if they renew 15 times over several years then the total coast will be between 25 and 45 depending on the tier risk of the file over 4 years instead of 12 month or higher deals that get refinanced every time they renew.

Can anyone clarify this and what the hell this means lol

**mca2150** · 07-28-2022, 09:19 AM

Originally Posted by JMB

Can anyone clarify this and what the hell this means lol

No

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