2nd Position Funder's with sell rates in the 30's
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  1. #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
    Emil Yash
    P: (201) 443-1854
    F: (800) 709-6110
    www.fundingcapitalsource.com

  2. #2
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    Quote Originally Posted by FCS Capital View Post
    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
    Our 2nds start at 1.20 buy
    David Obstfeld
    Chief Executive Officer
    SOS Capital
    1330 Ave of the Americas, NY, NY 10019
    212-235-5455
    SOSCapital.com

  3. #3
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    Quote Originally Posted by FCS Capital View Post
    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
    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

  4. #4
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    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

  5. #5
    Member Reputation points: 1024 Funder_Abe's Avatar
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    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.

  6. #6
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    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

  7. #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.

  8. #8
    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.
    Tom Blane
    Tom@arguscapitalfunding.com
    D (212) 201 9255
    F (646) 751-7987
    ISO Relations

  9. #9
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    Quote Originally Posted by TB ACF View Post
    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.
    Are you saying that you will give a 1.25 on a 12 months for a second position?

  10. #10
    Member Reputation points: 28 dgold's Avatar
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    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

  11. #11
    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.

  12. #12
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    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

  13. #13
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    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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