Results 1 to 11 of 11
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05-08-2015, 01:13 PM #1
- Join Date
- Sep 2014
- Posts
- 55
Who is doing 10% early payoff discounts?
Windset?
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05-08-2015, 02:23 PM #2
why? are you going to bring a file to a lender with a promise of the merchant paying off early?
Anthony Diamond
Underwriter
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05-08-2015, 03:23 PM #3
- Join Date
- Jul 2014
- Location
- Online
- Posts
- 965
Amanda Kingsley
DailyFunder: WhoisKingsley
This is me. https://www.facebook.com/whoiskingsley
I am Here too. https://www.facebook.com/groups/TheClosersGroup
Always Live and Lead with Integrity.
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05-08-2015, 04:17 PM #4
any real fund will offer that, some even have the prepay schedule built into their contracts
Fund should have absolutely no problem getting thewir money back in half the time.
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05-08-2015, 05:02 PM #5
- Join Date
- Nov 2013
- Posts
- 600
My private investor can give 10% if paid off in 30 days, 5% within 60 and fund with all stips same day.
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05-08-2015, 05:03 PM #6
- Join Date
- Nov 2013
- Posts
- 600
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05-08-2015, 07:13 PM #7
We offer an early payoff discount-it would be crazy not to so long as a profit made. Early payoff=less risk later on if the merchant were to go belly up on you.
Kaitlyn Miller
ISO Coordinator
770-617-2377
KM@SuperiorCapitalfund.com
http://superiorcapitalfund.com/
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05-11-2015, 10:08 AM #8
- Join Date
- Dec 2013
- Location
- Connecticut
- Posts
- 332
CAN & Quarterspot are very good with this, 10% is a bit higher than most I've seen though.
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05-11-2015, 10:14 AM #9
We offer a 25% discount of full balance for merchants who pay off in full
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05-11-2015, 10:23 AM #10
We offer early payoffs as well, I don't want to throw % out there because its case by case basis
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05-11-2015, 12:45 PM #11
- Join Date
- Jul 2014
- Posts
- 22
Who is doing 10% early payoff discounts?
Quarterspot- hands down
If the merchant is looking to pay off early or just wants to know that the option is there than he should have that privilege. There is a difference between a cash advance early payoff and an advance that has true amortization. Quarterspot balance resets everyday after the ach is pulled and re calculates the balance left. So the early payoff addendum that they can offer is amazing compared to anyone else in the industry. Giving a merchant 3k off an advance of a size able amount is an insult. If he truly has motivation to payoff early than give him the motivation and everyone is happy.
Quarterspot is seriously dominating the industry day by day.
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