Results 1 to 13 of 13
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05-01-2018, 04:03 PM #1
2nd Position Funder's with sell rates in the 30's
Hello All,
Anybody has any recommendations for a 2nd position funder who can offer an effective sell rate in the 30's, while not paying 3 to 5 points in commission
Thanks
-Emil
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05-01-2018, 06:10 PM #2
- Join Date
- Nov 2014
- Location
- NYC
- Posts
- 187
David Obstfeld
Chief Executive Officer
SOS Capital
1330 Ave of the Americas, NY, NY 10019
212-235-5455
SOSCapital.com
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05-01-2018, 07:09 PM #3
- Join Date
- Oct 2015
- Location
- NYC
- Posts
- 119
Here at Arcarius we can offer sell rates on a 2nd in the range you are looking for. Fell free to reach out to me to answer any questions you may have.
Kermit Tolbert
Business Developer
Arcarius LLC
Direct- (201) 484-8548
kermit@arcariusfunding.com
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05-01-2018, 07:46 PM #4
- Join Date
- Mar 2016
- Posts
- 908
CFG Can get you a Mid to high 3's. Let me know if you would like to chat.
Thank you,
Lior Monus
CFG Merchant Solutions
Direct: 516-319-5826
Lmonus@cfgms.com
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05-02-2018, 10:21 AM #5
At Legend, we offer these rates all day! Keep in mind all our offers come with 7 points built in and you get paid on the payback amount.
Just to give you an example:
On our PRIME tier:
6 month term - The sell rate is 1.31 with 7 points commission built in on the payback amount (RTR)
7 month term - The sell rate is 1.34 with 7 points commission built in on the payback amount (RTR)
8 month term - The sell rate is 1.37 with 7 points commission built in on the payback amount (RTR)
So if the offer is 50k @ 1.31, right off the bat the commission is 7 points on $65,500.00 (Your commission would be 4,585.00), however, you can still up sell to 10 points.
On any deal, regardless of position or term, the ISO has the ability to up sell to 10 points on the RTR. We also offer weekly payment on 1st and 2nd position deals and one of the best pre-payment discount options in the industry! The rates on the pre pay are usually cut in half.
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05-02-2018, 10:49 AM #6
- Join Date
- Jan 2017
- Posts
- 389
We have great sell rates with amazing points for our ISO's. Reach out to me today and I will go over everything with you.
Paul Boxer
Merchant Marketplace
Chief Operating Officer
Chief Revenue Officer
Cell: (516) 805-9209
paul@merchantmarketplace.com
www.merchantmarketplace.com
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05-03-2018, 03:32 PM #7
SOS Capital best second position rates in the game. I really don't know why i post to the forum as an ISO you people need to do your own work.
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05-03-2018, 04:59 PM #8
- Join Date
- Nov 2017
- Posts
- 9
Hi Everybody,
Argus offers 1.25 buy rates and we can go out 12 months with weekly payments . We Pay 12 points on the funded.Last edited by TB ACF; 05-03-2018 at 05:14 PM.
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05-03-2018, 05:25 PM #9
- Join Date
- Aug 2016
- Posts
- 831
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03-20-2019, 07:40 AM #10
Buyrate, not sell rate. 1.25 with zero points
Derrik Jarvis
New York Tribeca Group
Direct: 929-810-0747
Cell: 917-900-0153
Main | 866.315.7715
Fax: | 866.331.6040
Email:| DJ@NYTribecaGroup.com
UPLOAD DOCUMENTS!!!
40 Wall Street, 43rd Floor, New York, NY 10005
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03-20-2019, 10:48 AM #11
- Join Date
- Dec 2016
- Posts
- 59
I closed a 2nd last week with Jacob from Kalamata at a 1.33 paying me 6 on a second. Jacob will fight for your deal. In the past he has put his own money into deals of mine to get them out.
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03-20-2019, 11:00 AM #12
- Join Date
- Feb 2017
- Posts
- 157
We offer 1.24 buy rates on 2nd positions with 12 points max upsell and fund up to 500k.
PM me for details
PDM Capital
39 Broadway
New York, NY 10006
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03-20-2019, 11:12 AM #13
- Join Date
- Dec 2018
- Location
- 48 Wall St. New York, NY 10005
- Posts
- 271
Our sell rates can get to a 1.37 with 12 points comp built in on 2nd position deals. Our terms on 2nd's can go out as far as 9 1/2 months. We are very liberal on giving a weekly payback option as well. We can also get an early payoff addendum in most deals. We can get outside the box and are very flexible in our 2nd and 3rd's.
Jeff Pecori
ISO Relations manager
VitalCap Fund
48 Wall St. New York, NY 10005
P. 850.630.7509
F. 646.219.7949
jeff@vitalcapfund.com
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