Looking for a 2nd Position
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  1. #1
    Senior Member Reputation points: 4567 NickHubbard's Avatar
    Join Date
    Jun 2015
    Location
    Saint Louis, Mo
    Posts
    335

    Lightbulb Looking for a 2nd Position

    -GC looking for a 2nd position.
    -Been in business since 2016.
    -Avg Ledger Balance is $11K-$17K.
    -Has a 1st position with Credibly with a $2K Balance.

    -Currently have a $40K offer | $348 daily | 160 days.

    Trying to get more aggressive terms and get the daily pay down in the 2's!!
    Nick Hubbard
    Senior Loan Advisor
    314-252-0299 - Office
    314-885-2262 - Direct
    nick@elitefactoring.com
    www.elitefactoring.com

  2. #2
    We have some stiff fees associated with the increased risk to our advance added by stacking. Have them check their agreement.......

  3. #3
    Senior Member Reputation points: 43599 brokerCompany's Avatar
    Join Date
    Aug 2015
    Location
    CALIFORNIA
    Posts
    947

    LOL. Just pay off the 2k balance if it is truly that small.

  4. #4
    Senior Member Reputation points: 503040
    Join Date
    Oct 2016
    Posts
    4,318

    Quote Originally Posted by Join Credibly View Post
    We have some stiff fees associated with the increased risk to our advance added by stacking. Have them check their agreement.......
    With a $2k balance, you'll never get the chance.

  5. #5
    Senior Member Reputation points: 54989
    Join Date
    Dec 2013
    Posts
    4,713

    Mantis ...we are funding NON-STOP!!
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  6. #6
    Senior Member Reputation points: 6626
    Join Date
    Dec 2018
    Location
    48 Wall St. New York, NY 10005
    Posts
    271

    We can possibly get you up to 9 1/2 months on this deal if it fits us. Don't hesitate to reach out.

    Thanks!

    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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