Is CAN doing renewals?
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  1. #35
    Senior Member Reputation points: 503040
    Join Date
    Oct 2016
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    Quote Originally Posted by ADiamond View Post
    IF the client pays off, not another lender. been thru this already. unless they changed their mind from a month ago and now they realize how screwed they really are?
    I've personally had clients get payoffs with reductions of more than 20% so the merchant could meet the 50/50 split. Had merchant approved for $120K but owed CAN $76K. He got the payoff down to $60K.
    Last edited by WestCoastFunding; 01-26-2017 at 07:07 PM.

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