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  1. #1
    Senior Member Reputation points: 226125
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    TIB 10 months. 6 month deal, 1.1915 sell rate, weekly payback, paying 10 points. That was for the term loan. The LOC option was $75k, and paid 3 points on each draw. Maybe we'll switch over to that on a later date after he's done with the renovation

  2. #2
    Banned Reputation points: 7898
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    Quote Originally Posted by abfunders View Post
    TIB 10 months. 6 month deal, 1.1915 sell rate, weekly payback, paying 10 points. That was for the term loan. The LOC option was $75k, and paid 3 points on each draw. Maybe we'll switch over to that on a later date after he's done with the renovation
    Thanks i was looking for was the commission payout % which you gave, thank you. 10points on the loan seems high though

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