89vncommy
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- Aug 4, 2006
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- www.cardomain.com
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what do u mean chasing clients for repayments? i would have thought that would be the banks job? or am i wrong?
cheers
Not if you are the originator ... Then you take on the banks job as you are borrowing the money direct ... That is what I do ...
My main lender is interstar ... They fund people like wizzard home loans, and those medium to large businesses ... So yeah, if a client doesn't pay their monthly statement, we get sent a report, and have to start sending out letters and making phone calls...
But, as a broker, you would not need to bother about any of this ...