Lender has COJ in Ohio only?
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  1. #1

    Lender has COJ in Ohio only?

    I got an approval for a merchant in Ohio ( very clean 2nd position for a retail merchant with excellent credit) from a lender that doesn't usually use a COJ. When I got the contract, there was a COGNOVIT PROMISSORY NOTE attached and I was told this is used in OHIO only as Ohio laws are very favorable to borrower. Anyone else have this experience?

  2. #2
    Senior Member Reputation points: 54989
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    How much was the offer for ? Not everyone knows this fact: majority of cresthill capital funding are Not COJ based funding's.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

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