[ADiamond]

Saw a deal doing $20 million a month, first position, gets funded 300k 75 days.
Would anyone try to explain what the guy is thinking..?

probably just needed some quick money and doesn't give a f*ck, maybe even intends to pay it off soon for a discount.

when you have that much money you don't care about paying a vig to use someone else's money, if you can make a quick steep profit - or to just float you through a little down period.

most funders max out at 300k, most cant even handle that much without taking on syndication. so it's no surprises they didn't fund more. probably had to also do with the broker and their relationships - obviously they did not have the right connections to offer their client a more attractable funding.