10k second with no COJ
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  1. #1

    10k second with no COJ

    Good Afternoon DF

    Carpet and Upholstery company in Ohio

    Looking for 10k second

    Has offer for 20k but only needs 10k, but cannot provide COJ

    FICO=650

    Deposits average 35k monthly

    First position owes 20k

    What lender can do this deal WITHOUT A COJ?

  2. #2
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Wall

  3. #3
    Member Reputation points: 46
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    Hi,

    I can have my Underwriters look at the file. We have a team of 10, and 6 of them don't require 2nd Position COJ's. Feel free to PM me or shoot me an email.

    Thank You.

  4. #4
    Senior Member Reputation points: 54977
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    try cresthill !
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  5. #5
    Senior Member Reputation points: 5479
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    Everest just sent me an email no COJS under 50K call them out and see if they are correct
    Expansion as well

  6. #6
    Cooper never requires a COJ-

  7. #7
    Senior Member Reputation points: 18402
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    Lol cooper

  8. #8
    Just a quick Shout out to Dave Margolies and ML Factors, they Rock.
    Sweet company they don't mess around #GetsDone.

    Call him at 609 879 0775.

  9. #9
    Member Reputation points: 23 B2csp's Avatar
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    why dont you try Knight capital, they do not require a COJ and you'll probably get a good rate and term from them if its accepted

  10. #10
    Member Reputation points: 23 B2csp's Avatar
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    I am curious though, why can't he get a COJ?

  11. #11
    Member Reputation points: 1024 Funder_Abe's Avatar
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    Legend Funding does not require COJ for deals under 50k.

  12. #12
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    There must be a dozen companies that will do this.



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