Results 1 to 8 of 8
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11-21-2015, 03:34 PM #1
- Join Date
- Apr 2015
- Posts
- 31
Merchant paid off $250,000 with FC , looking for $200,000 - A Paper.
I have a merchant who just paid off 2 lenders (not going back to those guys) with a bank loan from FC to lower her monthly paymentt by 70 %.
Credit score 650 -699
Monthly $80,000
Last year tax 811,400
Best offer from supposed A paper lender : 72,000 ,78 months , 1.35 buy rate
BEAT THAT PLEASELast edited by Valentine; 11-21-2015 at 04:04 PM. Reason: Post was unclear
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11-21-2015, 04:29 PM #2
- Join Date
- Apr 2014
- Posts
- 781
When u get more Posts we can talk..no
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11-21-2015, 04:31 PM #3
- Join Date
- Apr 2014
- Posts
- 781
280k 34 months 1.15. 1 pt 4 u
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11-21-2015, 04:48 PM #4
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Merchant paid off $250,000 with FC , looking for $200,000 - A Paper.
Valantine- what was the principal and interest rate of the new loan?
Am I reading wrong ? A $280,000 loan available for this client?
Bob
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11-21-2015, 06:26 PM #5
- Join Date
- Apr 2015
- Posts
- 31
Last edited by Valentine; 11-21-2015 at 06:27 PM. Reason: Missed my point
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11-21-2015, 06:39 PM #6
- Join Date
- Apr 2015
- Posts
- 31
I think that you can do better with my points
Golf2014Last edited by Valentine; 11-21-2015 at 06:42 PM. Reason: Grammar
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11-23-2015, 09:45 AM #7
You might have to take that one and run with it, I've never seen 72k go out any where near that long!
Michael Jagiello
Director of Client Acquisitions
Blue Granite Funding LLC
mjagiello@bluegranitefunding.com
1(718)873-6407 Cell
1(917)791-8911 Fax
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11-23-2015, 10:57 AM #8
- Join Date
- Oct 2014
- Posts
- 257
Merchant paid off $250,000 with FC , looking for $200,000 - A Paper.
Am I reading this correctly??? Who is this lender I am going to start sending him a lot of business
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