Double Dipping
I don’t want get anymore money than I would need to get me through this financial ordeal that I am in. If I was approved for a certain amount of money, can I go back and borrow more against the same case.
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In some cases yes. We have been successful in getting our clients second rounds of funding for certain cases although its much harder if you use 2 different companies. My suggestion: If you decide to apply for funding you should speak with the lender regarding this question. You should let them know that you may be interested in a second round of funding at a later date. Some companies may be able to keep an open line of funding up to a certain amount. Of course they will still have to go through the funding process to make sure nothing has changed. No matter what you do or who you decide to apply with, make sure you let the lender know that there may be a chance of additional funding at a later date.
I was just reading over this question on your site and I have a similar request. I applied for funding with your company last month and was approved. I now would like to reapply for additional money. The company that you referred me told me if I would like I could get more money than I requested. I would like to take the additional funding now. Do I have to reapply with your company or could I just contact the lender directly? I want to make sure that I get the same rate that your company got me. I sent an email about this a little while ago and I haven’t gotten a reply back yet. Thanks
Borben C. - You can do either. You can contact the underwriter directly or fill out the application online. If you decide to fill out the application please provide us with the underwriters name. Once a client is funded we immediately delete the application (company policy). The underwriter will have your information on file.