Who offers the best deals on 2nd position
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  1. 09-16-2019, 02:26 PM #1
    CashAdvanceKing
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    Who offers the best deals on 2nd position

    Im looking for a lender who gives competitive 2nd positions.
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  2. 09-16-2019, 02:30 PM #2
    Hedley Lamarr
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    Quote Originally Posted by CashAdvanceKing View Post
    Im looking for a lender who gives competitive 2nd positions.
    No lenders will do a second.
    Hedley Lamarr......That's Hedley
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  3. 09-16-2019, 02:36 PM #3
    omegafund
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    Quote Originally Posted by Kevin Henry-Seacoast View Post
    No lenders will do a second.
    Sure they will. There are senior lenders like a bank, other term lenders that will take a junior debt or subordinated debt. We fund a lot of term loans behind a bank.

    But yes MCAs are not lenders or loans new guys need to be reminded of this daily.
    www.omegafund.com
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  4. 09-16-2019, 02:36 PM #4
    VitalCapJeff
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    We offer solid 2nd positions. We will go out to 9 1/2 months on terms and up to 30% of the remit. Reach out if you'd like to discuss a specific deal.

    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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  5. 09-16-2019, 02:44 PM #5
    ryan $
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    OnDeck and IOU are the best FUNDERS giving 2nds at this point.

    Then you get into the Realm of 7 - 10 Months for 2nds.
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  6. 09-16-2019, 02:58 PM #6
    tommyC
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    It depends on the file, merchants monthly deposits , industry and credit are all factors in a lender making a solid offer. Advantage, CFG, KCG and Everest are pretty solid 2nds. Good luck .
    Tommy Cadaspi
    347-606-6993
    www.lsfundinggroup.com
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  7. 09-16-2019, 02:59 PM #7
    Finance Guru
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    We fund 2nd position deals.
    Paul Boxer
    Merchant Marketplace
    Chief Operating Officer
    Chief Revenue Officer

    Cell: (516) 805-9209
    paul@merchantmarketplace.com
    www.merchantmarketplace.com
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  8. 09-16-2019, 03:21 PM #8
    Lifetime Funding
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    We offer aggressive 2nd positions, maybe even buy out the first position
    Warm Regards,

    Business Development Dept
    Lifetime Funding
    Direct: (516) 604-0601
    Website: www.Lifetimefundingllc.com
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  9. 09-16-2019, 04:03 PM #9
    Lmonus
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    Who is the 1st position with?
    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
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  10. 09-16-2019, 04:23 PM #10
    BillionzandBillionz
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    Quote Originally Posted by Lmonus View Post
    Who is the 1st position with?
    he is looking for a lender, are you a lender?
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  11. 09-16-2019, 04:24 PM #11
    Hedley Lamarr
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    There are not many lenders on this forum. We are and maybe a handful of others.
    Hedley Lamarr......That's Hedley
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  12. 09-16-2019, 05:24 PM #12
    Lmonus
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    Quote Originally Posted by BillionzandBillionz View Post
    he is looking for a lender, are you a lender?
    asking for a friend.
    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
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  13. 09-17-2019, 10:26 AM #13
    ruskieG
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    Fundkites sweet spot is usually 2nd-4th as long as the merchant is doing 50k+ a month.

    Give me a call...
    Egor G
    929-443-3300
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  14. 09-17-2019, 10:55 AM #14
    hamito
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    As a funder, UFS is very competitive in the second position space

    contacts james@ufsfunding.com

    or call @ 917-543-1545
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  15. 09-17-2019, 03:27 PM #15
    FinancialSwissArmyKnife
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    Nah man. You need to hit up John T at the Smarter Merchant. He is always clutch in 2nd.
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  16. 09-17-2019, 03:48 PM #16
    Get It Done
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    bluevine- just got a 12 month 1.24 paying 8
    second position
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  17. 09-17-2019, 05:11 PM #17
    LondonNyc
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    We do, up to 1million - up to 10 months.

    Lets hop on a call and discuss.

    elis@foxbusinessfunding.com
    Eli S.
    FOx Business Funding
    Iso manager
    347. 562. 8796
    elis@foxbusinessfunding.com
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