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  1. #1
    Quote Originally Posted by anonymous View Post
    Your payoff percentages, ours are much more liberal with those lenders - guess it varies by ISO.

    I thought BFS was net 50 and can is net 80 on loans and net 70 on advances.

    As far as principis going to net 30, that seems like a recipe for bad debt unless they have stretched out terms past 12 months to refi all those stacks. Otherwise, a move to just buy paper
    Last edited by MCAVeteran; 03-03-2015 at 01:25 PM. Reason: Addtl

  2. #2
    What's the contact info for Principis underwriting / submissions?



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