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04-20-2015, 06:37 PM #24
Reputation points: 21
- Join Date
- Jul 2014
- Posts
- 5
There is some significant misinformation and conjecture on this thread. Last Friday, our newly acquired Frisco, TX branch funded a $1.25 million loan, at a 1.20 factor rate. The confusion seems to be related to the value of that loan to our new Frisco branch manager. In fact, our acquisition program delivers a MULTIPLE of net income to the acquired manager. Anyone who would like the details of our program may contact me:
Ronald Phillips
rphillips@wbl.com
(212) 271-8263
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