will a lender fund again if they funded 30 days ago
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  1. #1

    will a lender fund again if they funded 30 days ago

    have a client i funded 30 days ago, but they need more capital. has 2 posiitions
    Last edited by sequoiacapllcleo; 06-27-2018 at 09:04 PM.

  2. #2
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    Quote Originally Posted by sequoiacapllcleo View Post
    have a client i funded 30 days ago, but they need more capital. client now has 2 positions and i would like to get the lender that came in second to lend again and get them more money while absorbing the first position. client makes 250k+ and everything combined would be about 90k. file is decent paper A-B, daily balances over 10k, no neg days,

    whats the likelyhood of that happening
    Just get a third position.

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    Get a 3rd with us.

    mj@24capital.com

  4. #4
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    Try QuickSilver/Fundworks/Everest.
    Patrick Wilson
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  5. #5
    Quote Originally Posted by sequoiacapllcleo View Post
    have a client i funded 30 days ago, but they need more capital. client now has 2 positions and i would like to get the lender that came in second to lend again and get them more money while absorbing the first position. client makes 250k+ and everything combined would be about 90k. file is decent paper A-B, daily balances over 10k, no neg days,

    whats the likelyhood of that happening
    Depends on the funder and whether or not merchant took the max offer the first go round.

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