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12-21-2016, 06:59 AM #1
Auto dealership that yellowstone tried to back door
That's not us so please do a little fact checking before tossing out baseless accusations. The simple facts these days are that every deal gets shopped to death. We receive every single app on the average of 3.1 times and so does everyone else.
Last edited by isaacdstern; 12-21-2016 at 09:25 AM.
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12-21-2016, 08:54 AM #2
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,493
We are a factor and asset based lender. This past year I have had numerous occasions where I have seen the same deal from multiple sources within a matter of hours or days. Unless you have an exclusive arrangement with a Company it is jump ball sometimes. Hell, I have seen deals where the Company is working under an engagement agreement from a reputable investment bank and the deal came in through another broker.
The more a capital provider sees the same deal, the weaker the deal gets. To do a good job for a client, the deal must be packaged and presented correctly. This will also help expedite the process.
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