Results 1 to 10 of 10
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06-14-2014, 12:43 PM #1
2nd position
Who does 2nd position advances that is not primarily a high risk funder such as ySC and Horizon/Pearl?
Thank youLast edited by 1StopFunding; 06-14-2014 at 07:08 PM.
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06-14-2014, 03:13 PM #2
- Join Date
- Apr 2014
- Posts
- 73
2nd position
I think 2nd position advances are high risk by definition.
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06-15-2014, 11:22 AM #3
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06-16-2014, 12:34 PM #4
We do up to 4th position. The risk is calculated, no ones is throwing good money down the drain.
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06-16-2014, 12:36 PM #5
max 5th position. Get your deals funded with Ocean Financing with top commission and points on completion.
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06-17-2014, 11:29 AM #6
- Join Date
- Apr 2013
- Location
- Basalt CO
- Posts
- 869
Cant tell if this is a joke or for real ^^^^.
5th position? Ill take 10th position. a 1.51 2 week deal.
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06-17-2014, 12:17 PM #7
the max Ive seen is 12th position
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06-17-2014, 12:33 PM #8
12th... We've done a solid 7th but I've seen a 10th get funded.....
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06-17-2014, 05:00 PM #9
- Join Date
- Apr 2014
- Posts
- 73
2nd position
Solid 7th?? That is just asking for trouble. Anything beyond a 2nd isn't helping merchants. Unless we are talking project based loans where you know a merchant is making serious money off each loan then anything beyond a 2nd starts to look like predatory lending to me and will bring the hammer down on our industry.
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08-20-2014, 04:26 PM #10
- Join Date
- Aug 2014
- Posts
- 34
Mark Crow
High Speed Capital LLC
Direct: 201-301-8788
Mark@HighSpeedCap.com
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