Seeking 100k 2nd Position
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  1. #1

    Seeking 100k 2nd Position

    My client wants a 2nd position behind on deck. They are seeking 10 to 12 months. What direct funder can offer these kinds of terms?

  2. #2

  3. #3
    Like who

  4. #4
    Senior Member Reputation points: 218103
    Join Date
    Feb 2017
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    3,348

    You gotta do better than that....
    - How much revenue are they doing?
    - What's the industry?
    - What's the credit like?
    - Is there any collateral available?

  5. #5
    Quote Originally Posted by CashAdvanceKing View Post
    Like who
    For the "CashAdvanceKing" your knowledge seems pretty limited. I think this would be a good deal for Wellen, SFS, IOU, LG, KCG, probably 5 others

  6. #6
    Senior Member Reputation points: 6544
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    Location
    48 Wall St. New York, NY 10005
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    Our 2nd positions go up to 9.5 months and occasionally we can stretch to 10 months.

    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

  7. #7
    Sponsor Reputation points: 9187 DannyFoxCap's Avatar
    Join Date
    Feb 2019
    Location
    Miami, FL
    Posts
    148

    We go up to 11 months assuming good payment history. Following OnDeck shouldn't be a problem.
    Direct: 347-468-7528
    Cell: 305-753-3967
    Fax: 866-557-0455
    Email: Danny@foxbusinessfunding.com

  8. #8
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    Aug 2015
    Location
    CALIFORNIA
    Posts
    930

    Yeah this is an easy deal with 5-10 A funders. You should be able to get 1.15 buy rates.

  9. #9
    Banned Reputation points: 10
    Join Date
    Apr 2019
    Posts
    19

    Let A1 Financial USA put it in front of their 909 lenders...
    (Max is 3 soft pull inquiries).
    We'll get these folks the best offer possible, and pay you half!

    Best Regards,
    Mark Ayers
    President
    A1 Financial USA
    (909)-930-9159
    Mark@A1FinancialUSA.com
    A1FinancialUSA.com

  10. #10
    Looking for strong 2nd position lenders. Who can compete with IOU and QS

  11. #11
    Senior Member Reputation points: 503040
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    Quote Originally Posted by CashAdvanceKing View Post
    Looking for strong 2nd position lenders. Who can compete with IOU and QS
    Didnt QS die?

  12. #12
    Senior Member Reputation points: 18402
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    Another idiotic post

  13. #13
    100 percent will fund it its james from high five funding we fund defaults declines over leveraged merchants any type of deal we beat any offer aprove 95 percent of the files that come in any file deposting over 10k a month no matter what the case is try me out with any deal

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