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02-03-2015, 12:15 PM #1
Doesn't matter what they want. You, as the "seasoned professional", are supposed to inform them about standards and advise against destructive behavior. Not to mention, you're supposed to protect your funder's assets, and advise against an obviously super risky deal. Otherwise, you are just another predatory lender the Feds will want to throw in jail.
8 active deals, each taking (for argument's sake) 10% pull. That comes to 80% of GROSS SALES going to cash advance. A completely unsustainable equation
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