[microboby]

Guys who is the best second lien lender in terms of - Rates under 1.39 and terms over 8 Months?

I Know Knight Capital and Greenbox but looking for other ones that will be on that criteria.

Last thing , They need to really fund ha ha . Sounds funny but some guys out there just don't have the ability to fund deals on a proper timeline which turns out to be a timebomb


Thanks

[Funder Mark]

..

[mcaguru]

Second Lien Lender ? i don't think Knight or Greenbox are Lenders. don't they purchase merchant receivables > ?

[MidnightAdvance]

Don't say the word lender here, too many people proud that they took Sean's course about MCA, and that "lender" is haram..
Best second position? Well it all depends on the commission you are seeking. I believe most funders will offer you 1.38 for 6/8 points comm.

[NoBigDeal]

Pearl funds strong 2nd position deals- as low as 1.27 starting factors, and up to 10 months

[microboby]

Pass on Pearl , but other names will help

Thanks

[Funder_Abe]

Legend will go up to 10 months on a 2nd position.

In your example of 8 months - our rate will start at 1.37 with 7 points commission built in on the RTR. You have the ability to up sell to 10 points on the payback amount on our pricing calculator. Call or email me for more info.

-Abe

[johndough17]

Pass on Pearl , but other names will help

Thanks

Don't pass on pearl. They're amazing.

Hands down better then Legend in my opinion. I've gotten bi-weekly's, 1.27 8-10 month terms from them.

Send it to Wall/Everest too.

[Yesfund]

second lien lender -- LOL...
must be a newbie,
Microboby, do youself a favor, Pull in some paper, learn how to bring in deals... and have someone else do subs for you...
once you learn the industry revisit to find the best "lender"

[Yesfund]

and to answer your question - IOU / QuarterSpot / LG Funding / Platinum Rapid..

[PDM Cap]

PDM Capital has 1.28 buy rates on 2nd position going out up to 10 months.

PDM Capital
39 Broadway
New York, NY 10006
info@pdmcapital.com

[S.O.S. Capital]

While we prefer 1st position deals, we offer some great 2nd position options at SOS Capital- ranging from 1.16-1.27 buy rates(12 point up-sell) ranging from 3-9 months. Our average 2nd position is sold at a 1.22 buy rate over 6-7 months.

It obviously all depends on credit profile, industry type, length of time in business, etc.