dawn
Member of DD Central
Posts: 308 
Likes: 275
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Post by dawn on Apr 7, 2022 18:17:40 GMT
Currently a Medium loan paying 8%. Internal refinance with Assetz to Medium High paying 5% !!!!!! Really!!!! How!!!
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Post by overthehill on Apr 7, 2022 19:06:25 GMT
Currently a Medium loan paying 8%. Internal refinance with Assetz to Medium High paying 5% !!!!!! Really!!!! How!!!
The how and why has been exposed in another thread involving pigs and troughs. It's called building a company that can attract talent with high salaries and perks funded by large profits. Good luck to them. I can only assume investors are on board at the moment!
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blender
Member of DD Central
Posts: 5,719
Likes: 4,272
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Post by blender on Apr 7, 2022 19:16:21 GMT
Currently a Medium loan paying 8%. Internal refinance with Assetz to Medium High paying 5% !!!!!! Really!!!! How!!!
The how and why has been exposed in another thread involving pigs and troughs. It's called building a company that can attract talent with high salaries and perks funded by large profits. Good luck to them. I can only assume investors are on board at the moment!
I received the email and thought it good that a new loan was coming to use the monthly payment from the Access accounts. Then I found it was 5% for us. Next, please! How? Because they can.
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Post by df on Apr 7, 2022 20:31:53 GMT
The how and why has been exposed in another thread involving pigs and troughs. It's called building a company that can attract talent with high salaries and perks funded by large profits. Good luck to them. I can only assume investors are on board at the moment!
I received the email and thought it good that a new loan was coming to use the monthly payment from the Access accounts. Then I found it was 5% for us. Next, please! How? Because they can. I ignore any offerings below 6% on AC. Not worth the risk.
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dave2
Member of DD Central
Posts: 170 
Likes: 160
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Post by dave2 on Apr 7, 2022 23:51:52 GMT
Currently a Medium loan paying 8%. Internal refinance with Assetz to Medium High paying 5% !!!!!! Really!!!! How!!! - Established business, long term relationship with AC who want to keep him onboard rather than lose him an external refinance.
- Lots of idle money waiting in the AC cash accounts.
- Rate is squeezed down to 5% plus the AC arrangement and monitoring fees, so the risk factor increases for a five year loan.
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