Early pay off question
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  1. #1
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    I've seen GBR Funding, Rapid Capital and Merchant Cash & Capital provide prepayment discounts, but the number of merchants who I've seen actually prepay an advance can be counted on one hand.

  2. #2
    Quote Originally Posted by MCNetwork View Post
    I've seen GBR Funding, Rapid Capital and Merchant Cash & Capital provide prepayment discounts, but the number of merchants who I've seen actually prepay an advance can be counted on one hand.
    ^ Exactly, merchants LOVE to ask if there is a pre-pay penalty but you know full well they will never do it. I wish a lender would offer a reduced RTR deal if paid early (on some kind of sliding schedule) as a distinguishing perk. It would be easy to sell and most likely rarely have to be enforced.

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