Did anyone else receive an email from CAN on changes to Retention Program/Origination
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  1. 07-15-2016, 03:14 PM #1
    Quickfunder
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    Did anyone else receive an email from CAN on changes to Retention Program/Origination

    Just curious, seems sudden.
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  2. 07-15-2016, 03:19 PM #2
    Andy
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    I find it very odd that they are adding origination fees now.
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  3. 07-15-2016, 03:25 PM #3
    Quickfunder
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    Quote Originally Posted by Andy View Post
    I find it very odd that they are adding origination fees now.
    I think a lot of lenders are doing it to pay something to the account managers. An extra 2% will be a tough sell especially considering how many of their models are already priced; as much as a 1.47 on longer term deals as it stands now for A Paper.

    (And please no one give me $hit on "well, what is A Paper actuallllly.....????"
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  4. 07-15-2016, 04:40 PM #4
    FundingCzar
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    They CAN do it and probably will see a very minimal or non existent negative impact to their funding volume. Definitely a calculated decision.
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  5. 07-15-2016, 05:10 PM #5
    Quickfunder
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    OK just wanted to see if it was something I was randomly receiving from acct manager.
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