Looking for a monthly payment option
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  1. #1

    Looking for a monthly payment option

    Hey guys i have a awesome file. That i already received a 125k offer with a weekly option but the client demands monthly. Can someone help?

  2. #2
    Senior Member Reputation points: 12878
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    Jan 2016
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    LoanMe if they will not qualify for a standard term loan

  3. #3
    Veteran Reputation points: 135672 Chambo's Avatar
    Join Date
    Sep 2012
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    New York City
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    tell the merchant to apply to Lending Tree

  4. #4
    Senior Member Reputation points: 305505
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    send them a stip list from hell for the monthly program and watch them accept the weekly .

  5. #5
    Senior Member Reputation points: 7360
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    Aug 2015
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    Hi,

    I am a direct lender and have monthly payments. 12-18 month term, with the client being able to pre-pay any time after six months, with no fees, penalties or interest.

    Per Michael's assertion above there is a bit of an inverse relationship between daily/monthly payments. The longer term, monthly payment is going to likely be more of a hassle for the client when it comes to stips.

    All depends what your client is most interested in.

    Feel free to reach out if you would like to discuss.

    Thanks,

    Dan Page
    dan@fundingstrategypartners.com
    Direct: (303) 938-8280

  6. #6
    Senior Member Reputation points: 16709
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    Jul 2014
    Location
    Jackson Hole Wy
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    726

    send that awesome file to a FC or dealstruck for decent rates.

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