Thoughts on CAN Capital
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  1. 01-18-2017, 09:02 AM #10
    ridextreme
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    Quote Originally Posted by WestCoastFunding View Post
    When I got the reduced payoff from CAN Capital, BFS has zero problem with it at all.

    Again, for the longest, every single CAN payoff letter comes with a 6% discount if paid early. Every. Single. One. Asking CAN for additional savings is just smart. CAN is desperate for cash, if only to use on renewals. Because of CAN's situation, theyd much rather get 90% of their money now, then wait 10 months and risk stacks and defaults. It's a win-win for all.
    12K is 33% of their balance, not 6%.
    Last edited by ridextreme; 01-18-2017 at 09:05 AM.
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