Results 1 to 5 of 5
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05-22-2019, 01:27 PM #1
- Join Date
- Oct 2016
- Location
- NYC
- Posts
- 118
Who has a net requirement under 50% when paying off an existing balance
Which first position lenders pay off another first position and require the merchant to net either nothing or under 50%
IOU has a zero net rule and National requires the merchant to net 80%
Which companies have a rule like IOU?
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05-22-2019, 03:10 PM #2
Quarterspot does 20% net, Fundworks does 0% net, Expansion is flexible as well
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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05-22-2019, 03:25 PM #3
- Join Date
- Jul 2018
- Posts
- 193
Principis will do it as long as the merchant nets 30%.
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05-22-2019, 04:14 PM #4
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05-22-2019, 04:27 PM #5
Last edited by Zach; 05-22-2019 at 04:28 PM. Reason: corrected $ amount
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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