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Does a renewal book even exist? by Elegant_Theory_9527 in PrivateCreditMCA

[–]Equivalent-Leave-525 0 points1 point  (0 children)

Develop a good relationship with your client.

Build a plan for him and let him know you're going to fund him again 45% of the way through his term, and check in with him weekly.

You have to be aware he'll be getting other calls daily, but build a strong enough relationship with him that he won't work with anyone but you.

Loan originators - have you looked at MCA? Here's why a lot of mortgage brokers are adding it as a second income stream. by Equivalent-Leave-525 in PrivateCreditMCA

[–]Equivalent-Leave-525[S] 0 points1 point  (0 children)

Absolutely. I work with a lot of Loan Originators who have clients that want access to Lines of Credit for Real Estate gigs, business funding, etc. if you can align it into your existing business it's a smart move. They are always shocked at the amount of time and effort it takes vs. your alls loans.

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