Posted by Scott Stanglin DCFS on May 06, 2001 at 14:05:31:
These notes are usually bought in quantity to reduce risk to the note buyer. The DCFS is short for Diversified Cash Flow Specialist. If someone has money comeing to them in the future, a DCFS can get it to them sooner (1 day to 6 weeks).For “installment notes” the funding is 2 days after the account is set up.
Merchandise notes anyone - Posted by Dave
Posted by Dave on May 06, 2001 at 13:40:42:
Store owner sells a product on installment. Store owner wants to sell the rights to the installment payments to someone.
For example. Person may buy a streo for $500 at 100/month. Are there people/companies who might buy this “note” and cash out the store owner?
I know it is slightly off topic, but I thought some of you all who might be in the note business could make a suggestion or two.
Public or private responses welcome.
Dave