2nd position 18 month?
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  1. #1
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    2nd position 12 month?

    What 2nd position lenders can go 12 months?
    Not Iou or quarterS
    Clean file
    Last edited by brokerCompany; 06-20-2018 at 06:19 PM.

  2. #2
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    Try Yalber - Not sure if they can do 12 months, but im sure they can do 10.

  3. #3
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    2nd position 18 month?

    since when does Yalber do 2nds?

  4. #4
    Senior Member Reputation points: 39760
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    Ive seen them do a 9 month 2nd position for 150k... weekly.

  5. #5
    Senior Member Reputation points: 1307
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    We will not do 12 months but if we really like the file we will do 10 months on a 2nd with weekly payments being an option. The higher tier lender out in front the more aggressive we will be. Feel free to reach out to discuss.


    Kermit Tolbert
    Business Developer
    Arcarius
    Direct-(201)484-8548
    kermit@arcariusfunding.com

  6. #6
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    If we really like the file, we will go out up to 10 months on a 2nd position.

    Michael Bernier
    ISO Relations | Grand Capital Funding
    P: 201.273.9162 | C: 860.916.2158
    E: MikeB@GrandCapitalFunding.com

  7. #7
    Good morning. I'm happy to go out as far as 18 in 2nd position or higher. This is, of course, assuming there is real estate involved. We do not need to pay off the existing position, unless the borrower wants to. Please call to discuss 212-220-0175. Thanks, Robert

  8. #8
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    Quote Originally Posted by RDeStefano View Post
    Good morning. I'm happy to go out as far as 18 in 2nd position or higher. This is, of course, assuming there is real estate involved. We do not need to pay off the existing position, unless the borrower wants to. Please call to discuss 212-220-0175. Thanks, Robert
    18 months on a 2nd position? Is this a WBL product?

  9. #9
    Karen37a
    Guest
    Quote Originally Posted by WestCoastFunding View Post
    18 months on a 2nd position? Is this a WBL product?
    Most likely

  10. #10
    Senior Member Reputation points: 18667 jdlaw's Avatar
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    It's WBL

  11. #11
    LoanMe offers monthly payment term loans from $3,500 to $250,000. Minimum FICO 500, Minimum TIB 90 days. Multiple positions ok, final approvals based on affordability, not strictly revenue or deposits. We can work with all "For-Profit" Industries. Give us a call 949-535-7798
    LoanMe Business
    949-535-7798
    Email: Business.Loans@LoanMe.com




    www.loanme.com/SBL-partner
    1900 S State College Blvd. Suite 300
    Anaheim, CA 92806

  12. #12
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by brokerCompany View Post
    What 2nd position lenders can go 12 months?
    Not Iou or quarterS
    Clean file
    Not all that clean if they are looking for a second position. Demanding 12 months too? WOW, merchants have gotten bold

  13. #13
    Hello we can do a second position in WC. please email me at tweeresinghe@prioritycapital.com

  14. #14
    Yes, WBL.

  15. #15
    Senior Member Reputation points: 8603 Regium's Avatar
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    If we like the deal we will do strong 2nds

    You can email me at mike@yalber.com

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