International Leasing & Asset Finance Network
Funding Partner
I have a long time relationship with a very respectable MFG. I am purposely holding back some of the info on them as I do not want to risk someone trying to step in and take this relationship by my offering too much info on this post. They are World Wide but I am only working on the deals here in the US. Not that I wouldn't want to be party to te ones outside of the US mind you.
This MFG has used me for a few years while using their primary source simultaneously. I have been presented with the opportunity to step up our exposure with this group. This would be approximately 1900 applications per year averaging $20,000 - $150,000 per deal, in the US.
Being a broker, I can handle the ones that "Fall Through the racks" by taking those applications to the appropriate funder such as Pawnee and FinPac etc... but I need a funding partner that will recognize how important a relationship this can be and can give special preference to this relationship in regards to fast turn arounds, buying guidelines etc... Not that I am asking for this partner to buy down to 600 mind you. I just am not looking for a partner that will "Skim the Cream Off the Top" and pass the under 700 scores back indicating that they are not good deals.
Is there a funding partner out there that would be interested in working with a broker that has such a relationship in place. If so, I am looking to get something lined out right away.
This MFG has used me for a few years while using their primary source simultaneously. I have been presented with the opportunity to step up our exposure with this group. This would be approximately 1900 applications per year averaging $20,000 - $150,000 per deal, in the US.
Being a broker, I can handle the ones that "Fall Through the racks" by taking those applications to the appropriate funder such as Pawnee and FinPac etc... but I need a funding partner that will recognize how important a relationship this can be and can give special preference to this relationship in regards to fast turn arounds, buying guidelines etc... Not that I am asking for this partner to buy down to 600 mind you. I just am not looking for a partner that will "Skim the Cream Off the Top" and pass the under 700 scores back indicating that they are not good deals.
Is there a funding partner out there that would be interested in working with a broker that has such a relationship in place. If so, I am looking to get something lined out right away.
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Comment by Mike Sheehan on October 22, 2009 at 9:54pm
- It might be helpful to provide a bit more information , such as , type of assset being leased? rates requird for the program. Without this info , its not possible to qualify the opportunity as to fit. Mike Sheehan
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