2nd position
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  1. #1
    Senior Member Reputation points: 290 1StopFunding's Avatar
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    2nd position

    Who does 2nd position advances that is not primarily a high risk funder such as ySC and Horizon/Pearl?
    Thank you
    Last edited by 1StopFunding; 06-14-2014 at 07:08 PM.
    Cheryl Tibbs- General Manager
    Equipment LeaseCo Inc
    www.equipmentleaseco.com

  2. #2

    2nd position

    I think 2nd position advances are high risk by definition.

  3. #3

    2nd position

    We do 2nd, and 3rd positions.

  4. #4
    We do up to 4th position. The risk is calculated, no ones is throwing good money down the drain.

  5. #5
    max 5th position. Get your deals funded with Ocean Financing with top commission and points on completion.

  6. #6
    Senior Member Reputation points: 47257
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    Cant tell if this is a joke or for real ^^^^.
    5th position? Ill take 10th position. a 1.51 2 week deal.

  7. #7
    Senior Member Reputation points: 148 Capital Stack's Avatar
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    the max Ive seen is 12th position

  8. #8
    12th... We've done a solid 7th but I've seen a 10th get funded.....

  9. #9

    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.

  10. #10
    Mark Crow

    High Speed Capital LLC
    Direct: 201-301-8788
    Mark@HighSpeedCap.com

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