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  1. #1
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    Quote Originally Posted by FUNd View Post
    Sure, that is a problem. So is hunger, clean water, and skyrocketing health costs. What does that have to do with the cost of stacking a merchant to hell and back with a 4 month 1.50?
    I am saying when a merchant needs capital he decides if its cost effective or not? many decide not to take funds after making a calculation i would guess we make 200 Million a year in offers that don't go to contract.

    we are funding businessman that understand clearly the terms and calculate yay or nay those that proceed seem to handle the advance and many many never take funds again.
    Last edited by mcaguru; 06-09-2016 at 01:10 PM.
    Marcus Clapman | Business Development | Cresthill Capital
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    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  2. #2
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by mcaguru View Post
    I am saying when a merchant needs capital he decides if its cost effective or not? many decide not to take funds after making a calculation i would guess we make 200 Million a year in offers that don't go to contract.

    we are funding businessman that understand clearly the terms and calculate yay or nay those that proceed seem to handle the advance and many many never take funds again.
    that BS excuse has been tried with equities, tried with mortgage, tried with payday....and as fallen flat on its face time and time again.

    Just because you are uneducated only know how to gauge and take advantage, doesn't mean that THE INDUSTRY isn't supposed to know better. Reps are supposed to know what they are selling, the effects to a business, and realistic possibility of repayment.

    Just because a child wants to eat junk until they pass out, doesn't mean that it is OK to feed them as such. A RESPONSIBLE & INTELLIGENT ADULT knows that

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