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03-08-2024, 10:26 AM #4
Reputation points: 10476
- Join Date
- Nov 2019
- Posts
- 676
With that revenue max 150k there seems like there is something wrong. getting a 12 month 1.23 sell rate is a ridiculously low rate and term. If it is a good file i might be able to go to 250-500k range which is our max on a construction first deal. We will cap 6-9 months depending on bis credit and daily balances. My rate will be higher than the 1.23. but as long as the merchant does not stack on me our renewals are a true add on that works like a line of credit. I can get him millions of the nest few years but he is only paying the cost of a 6-9 month term Fell free to reach out to me.
Scott Platto
scott@tmrnow.com
tmrnow.com212-220-9872
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