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  1. #1
    Senior Member Reputation points: 23085
    Join Date
    Nov 2013
    Posts
    598

    Pros:

    Industry experienced, solvent company, competitive rates / commissions


    Cons:

    UW on deals 50K+ are similar to bank loans and very conservative so offers are killed or reduced by half after financials are submitted. Staff is complacent and lackadaisical. Slow turnaround from submission to funding.



    My opinion: streamline the processes and consolidate positions, carry accountability to employees.

  2. #2
    Senior Member Reputation points: 7162 TheShitzuofMCA's Avatar
    Join Date
    Sep 2015
    Location
    Miami, FL.
    Posts
    338

    Quote Originally Posted by FCF Fund View Post
    Pros:

    Industry experienced, solvent company, competitive rates / commissions


    Cons:

    UW on deals 50K+ are similar to bank loans and very conservative so offers are killed or reduced by half after financials are submitted. Staff is complacent and lackadaisical. Slow turnaround from submission to funding.



    My opinion: streamline the processes and consolidate positions, carry accountability to employees.
    Good points FCF, you should give us a try again. We have changed our internal operations, we heard the complaints and made an effort to resolve. There was a general lack of hunger from the staff I wasn't use to seeing. Definitely some fresh blood was added, ownership took notice and we have undergone changes. We are consolidating two positions at the moment, and our turn around time was drastically reduced. Thank you for your feedback, we are still not perfect so feedback is greatly appreciated.
    Last edited by TheShitzuofMCA; 02-03-2016 at 04:42 PM.

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