2nd and 3rds over 100k
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  1. #1
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    2nd and 3rds over 100k

    Who funds 2nd and 3rds even a 4th over 100k for the right merchant?

  2. #2
    Senior Member Reputation points: 38639 patrickw's Avatar
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    2nd/3rd - Vital/Knight
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  3. #3
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    Mantis!
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  4. #4
    Smarter Merchant every day of the week twice on Sundays'!!

    With 12-15pts and up to 10month terms, weekly ach and options to payoff going into 1st, 2nd or 3rd.

    Be more than happy to discuss any potential files that need fast funding. For July we have been offering 1pt bonus ON ALL NEW DEALS FUNDED.

    #FundSmarter

    -JohnT@thesmartermerchant.com

  5. #5
    Sponsor Reputation points: 9187 DannyFoxCap's Avatar
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    This is exactly what Fox targets. Reach out for an agreement.
    Direct: 347-468-7528
    Cell: 305-753-3967
    Fax: 866-557-0455
    Email: Danny@foxbusinessfunding.com

  6. #6
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    Pearl, all day!

  7. #7
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    Vital all day. reach out to Jeff he here on DF

  8. #8
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    Here @ Mantis we fund 100-200K with the same ease and Stip-Light as a 24K file.
    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

  9. #9
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    Alot of funder can do these type of files including ourselves here at CFG Merchant Solutions. It really depends how much revenue the business does, and how much the two first positions granted the merchant.

    If Funder A did 250-300k and funder B did 100-200k, a 80-100k 3rd position should be very possible if the rev is consistent, good daily balances and solid credit.

    I did a 125k 3rd position behind OnDeck and Knight and am currently working on a 180k refi as a 5th too... Our stips are VC and DL regardless of deal size (NO COJ) - Run it by me if you'd like.
    Thank you,

    Lior Monus
    Business Development Manager
    CFG Merchant Solutions


    Direct: (646) 880-6764
    Cell: (516) 319-5826
    Fax: (646) 278-7322
    Lmonus@cfgms.com
    180 Maiden Lane New York, NY 10038

    www.cfgmerchantsolutions.com

  10. #10
    River Advance funds up to 500k with terms as long as 8 months on the right 2nd, 3rd, and 4th's


    River Advance
    88 Pine Street 5th floor
    New York, NY 10005
    Matthew@RiverAdvance.com
    Office: 732-385-8900 Ext 104

  11. #11
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    We consistently fund 1st - 5th positions over $100k with 2nd's and 3rd's being our sweet spots. Reach out and I'll get you an ISO agreement. I'll run through our guidelines with you as well.

    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

  12. #12
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    Ufs will go up to a million and 8 months with potential weeklies and we always offer early payment discounts!!

    irving@ufsfunding.com
    Irving Winograd
    Unique Funding Solutions
    646-460-3139

  13. #13
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    Quote Originally Posted by brokerCompany View Post
    Who funds 2nd and 3rds even a 4th over 100k for the right merchant?
    SPG does all day! Call me.
    Isaac N Mizrahi
    ISO Relations Manager | SPG Advance, LLC
    Office: 212-225-8279
    Mobile: 323-617-1397
    Email: Isaac@SPGAdvance.com
    www.SPGAdvance.com

  14. #14
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    I will just say NONE of the above But 1 of the guys was able to perform on the file.
    To be fair did not send it to a couple I never heard of..

  15. #15
    Quote Originally Posted by brokerCompany View Post
    I will just say NONE of the above But 1 of the guys was able to perform on the file.
    To be fair did not send it to a couple I never heard of..
    You provided no details other than "for the right merchant." It was basically an invitation for everyone to solicit their services.

  16. #16
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    Quote Originally Posted by OC Funder View Post
    You provided no details other than "for the right merchant." It was basically an invitation for everyone to solicit their services.
    I submitted full file for review to the funders... Yes I was asking for the funders to contact me but at the end of the day only 1 performed on this specific merchant request.

  17. #17
    Windgate will do this all day! Give me a call!
    David Fite
    Director of ISO Relations

    Windgate Capital
    40 Wall Street, 29th Floor, New York, NY 10005
    Direct: (516) 400-2087 ǀ Fax: (347) 708-8699 | Cell: (929)-361-4156
    David@WindgateCapital.com ǀ https://www.WindgateCapital.com/

  18. #18
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    I do this on a daily basis. Feel free to reach out if I can be of any help.

  19. #19
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    Quote Originally Posted by brokerCompany View Post
    I submitted full file for review to the funders... Yes I was asking for the funders to contact me but at the end of the day only 1 performed on this specific merchant request.
    And the winner was???

    C'mon, tell us who was able to perform on this request.

  20. #20
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    Im curious too - i didn't get it though, maybe someone else at our firm.
    Thank you,

    Lior Monus
    Business Development Manager
    CFG Merchant Solutions


    Direct: (646) 880-6764
    Cell: (516) 319-5826
    Fax: (646) 278-7322
    Lmonus@cfgms.com
    180 Maiden Lane New York, NY 10038

    www.cfgmerchantsolutions.com

  21. #21
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    Probably YSC.

  22. #22
    Quote Originally Posted by brokerCompany View Post
    I submitted full file for review to the funders... Yes I was asking for the funders to contact me but at the end of the day only 1 performed on this specific merchant request.
    Let me see it. I promise I can beat the offer you got.
    David Fite
    Director of ISO Relations

    Windgate Capital
    40 Wall Street, 29th Floor, New York, NY 10005
    Direct: (516) 400-2087 ǀ Fax: (347) 708-8699 | Cell: (929)-361-4156
    David@WindgateCapital.com ǀ https://www.WindgateCapital.com/

  23. #23
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by Lmonus View Post
    Alot of funder can do these type of files including ourselves here at CFG Merchant Solutions. It really depends how much revenue the business does, and how much the two first positions granted the merchant.

    If Funder A did 250-300k and funder B did 100-200k, a 80-100k 3rd position should be very possible if the rev is consistent, good daily balances and solid credit.

    I did a 125k 3rd position behind OnDeck and Knight and am currently working on a 180k refi as a 5th too... Our stips are VC and DL regardless of deal size (NO COJ) - Run it by me if you'd like.
    this is the only post here that actually addresses the question posed

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