[JoeFCA]

Any other banks out there doing long term 2nd position deals besides IOU?

[Ocean Financing]

Ocean Financing can do 2nd 3rd 4th up to 10 months on a paper merchants.

[JSL23]

Any other banks out there doing long term 2nd position deals besides IOU?

Tons of them. Yellowstone, of course. Pearl/Horizon is a very popular one as well. For a can do 2nds. WBL as well if your client is willing to do something asset based (not mandatory under $100k but will get them a better offer). Some others are TVT Capital, Knight Capital, Nu Look, Strategic (I think). There are a lot more, those are the ones I do or have worked with.

[DL8]

123

[Chambo]

Tons of them. Yellowstone, of course. Pearl/Horizon is a very popular one as well. For a can do 2nds. WBL as well if your client is willing to do something asset based (not mandatory under $100k but will get them a better offer). Some others are TVT Capital, Knight Capital, Nu Look, Strategic (I think). There are a lot more, those are the ones I do or have worked with.

the guy asked about 2nd position LONG TERM deals, not 2-4 month quick hits

[CpepeWBL]

We offer 2nd positions from 6-12 months. No collateral necessary if the credit and cashflow are strong.