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10-24-2015, 03:39 PM #1
Reputation points: 5023
- Join Date
- Apr 2015
- Location
- Florida, First MCA sold in 85/ WS in 76. CFP/RIA, series 3,6,7,8,10,63,Ins218,220.
- Posts
- 554
I know of plenty of funders who will now entertain car dealers (they didn't before). I do not know of any funders that will beat Can when they want something. I do alot with them and when I see them on a potential client, I walk away. Just like ondeck or other funders doing low rates for a or b paper. You might be well off waiting for the 30 days and then not charging a fee to your client. In the older days we had what was called an agent of record which would allow the client to pick his broker, alas it is not available nowadays.
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10-25-2015, 02:04 PM #2
Reputation points: 11
- Join Date
- May 2015
- Location
- NYC via Detroit
- Posts
- 17
Who would you recommend that would look to fund this industry? Unfortunately the lockout period is for 90 days.
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