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08-15-2022, 12:22 PM #1
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- Jan 2022
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- 10
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08-15-2022, 12:34 PM #2
- Join Date
- Nov 2019
- Posts
- 669
My company will do car dealers but we cap at 6 months and need tax returns on submission due to super high cot of goods. But our first position deals work like a line of credit. Every 3 months or so we would just add on more money to the back of the open balance and keep the payment the same and when the old balances finish they start paying on the new one. So term does not matter if they keep renewing since they will get the rate of a 6 month term of a period of several years.
Scott@tmrnow.com
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