Second position CC Deal
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  1. #1
    Senior Member Reputation points: 6639 gaxisa's Avatar
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    Second position CC Deal

    Got a guy doing 100k+, even in slow months. Has a first position ACH, but does anywhere from 80-95% of his sales via credit cards. His credit is locked, but he will unlock it when I ask him too. Just gotta find the lender willing to do a second position split or lockbox.
    Gary Axisa
    Blue Streak Capital, Inc.
    PM me for my email

  2. #2
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    Gary check you PM

  3. #3
    Senior Member Reputation points: 6639 gaxisa's Avatar
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    Quote Originally Posted by moneygreen View Post
    Gary check you PM
    Nothings there.
    Gary Axisa
    Blue Streak Capital, Inc.
    PM me for my email

  4. #4
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    Quote Originally Posted by gaxisa View Post
    Got a guy doing 100k+, even in slow months. Has a first position ACH, but does anywhere from 80-95% of his sales via credit cards. His credit is locked, but he will unlock it when I ask him too. Just gotta find the lender willing to do a second position split or lockbox.
    Hello Gary, we offer a 2nd position cc split. Who is the merchant's current processor?

    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

  5. #5
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    Quote Originally Posted by gaxisa View Post
    Got a guy doing 100k+, even in slow months. Has a first position ACH, but does anywhere from 80-95% of his sales via credit cards. His credit is locked, but he will unlock it when I ask him too. Just gotta find the lender willing to do a second position split or lockbox.
    are they willing to pay off 1st position?

  6. #6
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Quote Originally Posted by VitalCapJeff View Post
    Hello Gary, we offer a 2nd position cc split. Who is the merchant's current processor?

    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
    Try VitalCap. They are giving solid offers.
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  7. #7
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    Quote Originally Posted by patrickw View Post
    Try VitalCap. They are giving solid offers.
    Hello Patrick, thanks for the recommendation, Sir!

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