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11-12-2014, 10:16 PM #1
- Join Date
- Aug 2014
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- 109
commission on non-mca loans
how do u make on term loans, locs, equipment leasing and all that
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11-18-2014, 07:11 PM #2
Term loans are generally 1-3%. Additional fees need to be charged to make these lucrative.
LOC's are generally 1-2%. Additional fees need to be charged to make these lucrative.
Equipment leasing typically caps out around 15 points plus a backend fee, which can be quite hefty (depending on your level of morality). There are MANY additional fees in leasing deals, and these deals are far more profitable for brokers than working capital deals/cash advances.Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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