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05-18-2016, 03:10 PM #1
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05-18-2016, 03:17 PM #2
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Agreed, idk why an iso would want to send a prime deal to a sub-prime funder, but I'm assuming that if a deal comes across MY desk, then the reason it's by me is because the prime folks were barfing all over it for some reason. It's the beauty of the tongue, some people like the taste of certain foods more than others. I'm more of the "See & Eat" kind of guy, so I look to fund any deal that gets approved by me
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05-18-2016, 03:20 PM #3
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05-18-2016, 03:37 PM #4
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05-18-2016, 05:55 PM #5
Did not work out for them apparently. I spoke to my rep about it and he said to me that they are pulling back on their "WTF" and their "Holy S*it" Apparently they have a pretty big "WTF/Holy S*it" deal to a merchant who defaulted very early on. Once again, this is what I was told. Not sure how one deal going south for a company like Everest is a reason to completely switch directions but maybe there is more there then what he said or knew. That said, I have been noticing their offers coming back to be far more conservative than in the past. I had 6-7 deals with them that I closed elsewhere because they were not competitive on 90% of them.
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