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09-14-2015, 06:41 PM #4
Reputation points: 23718
- Join Date
- Jul 2014
- Posts
- 1,746
Lol, will do. I'm sure the decision came from some meeting you guys weren't at. What's the story though? Why such a radical change of direction when all I've heard for over a year is to bring you guys my working capital deals collateralized by equipment? I'm assuming heavy losses on that portfolio, but to me, this says something more about the industry as a whole. I mean, if you guys won't even loan with yellow iron as collateral, what about the ACH products that are essentially signature loans...
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