Quote Originally Posted by showtime44 View Post
merchant just told me he has a 250K offer at 19% over 220 days as a 2nd behind expansion. He was hesitant to say from who and finally told me first capital?? (he wasnt 100% sure the full name, said it was 1st something capital.) Has anyone heard of a company with a 1st/first in it that would ever make an offer like that? Assume it is b.s but figured to ask here.

I can't see anyone making an offer like that on this file. He's good for 100-120k max.
1st merchant is a top choice for a 2nd position, but I don’t see them doing that amount or number of days on a 2nd. I bet that’s a first position offer paying of Expansion.