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01-02-2024, 06:11 PM #1
Reputation points: 1212
- Join Date
- Jun 2023
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- 9
Question on how Renewals Work - Newbie
I’m new to MCA space and have a couple of basic questions.
Can someone please explain the following like I am a baby?
1) I’ve heard of brokers hopping recently funded positions.
Since MCA’s offer little discounts on early payoffs, how would hopping a newly funded position work?
2) What is the difference/advantage between a renewal and taking a new position with a different funder?
Sorry if this is the wrong forum for these questions.
Cheers.
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