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  1. #1
    Senior Member Reputation points: 107104
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    You need iou to renew and then you can get him a second at 12 months.Otherwise chambo is right

  2. #2
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by RickyR3712 View Post
    You need iou to renew and then you can get him a second at 12 months.Otherwise chambo is right
    If they defaulted on IOU, there will be no forthcoming offers from IOU

  3. #3
    Senior Member Reputation points: 107104
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    Quote Originally Posted by Chambo View Post
    If they defaulted on IOU, there will be no forthcoming offers from IOU
    haha it was a nice way of saying to broker company that merchant did default and do not try selling some bull **** story.

  4. #4
    Banned Reputation points: 4530
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    3.0 million

    Quote Originally Posted by RickyR3712 View Post
    haha it was a nice way of saying to broker company that merchant did default and do not try selling some bull **** story.
    Your client may qualify for a different product outsside of the MCA space where defaults and OGD's are not as important
    Bob Shaw
    734-929-3800
    rshaw@ironhorsecredit.com

  5. #5
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    Aug 2015
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    Is this AR invoice factoring? Merchant is not open to that

    Quote Originally Posted by bdshaw View Post
    Your client may qualify for a different product outsside of the MCA space where defaults and OGD's are not as important
    Bob Shaw
    734-929-3800
    rshaw@ironhorsecredit.com

  6. #6
    Banned Reputation points: 17587
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    Quote Originally Posted by RickyR3712 View Post
    You need iou to renew
    lol good luck with that. have to agree with chambo here...

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