Two of Rand Paul's top campaign aides sought to reassure their colleagues Thursday that the Kentucky senator has no plans to exit the presidential race.

In a memo addressed to "interested parties," Paul's chief strategist, Doug Stafford, and campaign manager, Chip Englander, disputed claims by members of the media that their boss is "on the ropes."

Paul holds the No. 10 spot in the Washington Examiner's presidential power rankings and continues to earn around 3 percent in national polls of Republican primary voters. His campaign announced last week it had raised $2.5 million in the third fundraising quarter — a modest sum in comparison to GOP rivals Ted Cruz and Ben Carson.

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The lengthy memo addresses some of the main concerns political pundits and insiders have vocalized with regards to Paul's campaign, including his ground operations in early voting states, low poll numbers and debate performances.

"Here are the facts and why SRP [Sen. Rand Paul] is here to stay," the memo begins.

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