2nd Pos 100k Buyout
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  1. #1
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    2nd Pos 100k Buyout

    Good afternoon all daily funders! I was looking for advice on a second position 90-100k balance buyout. Merchants 1st pos is 160k balance 18m term that he wants left in place. Does 400-700k a month and wants premium offer. Where would you go?
    Charles Frazier
    President
    Sapphire Capital Group
    p: 917-781-2232
    m: 917-783-5634
    w: www.Sapphirecapgroup.com

  2. #2
    Senior Member Reputation points: 6544
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    Good Morning Charles, we can take a look at this one. Reach out if you'd like to discuss the deal further.

    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

  3. #3
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    Good morning. We would be able to help you with that one. Looking forward to getting it done for you.
    Paul Boxer
    Merchant Marketplace

    Chief Operating Officer
    Chief Revenue Officer

    Cell: (516) 805-9209
    paul@merchantmarketplace.com
    www.merchantmarketplace.com

  4. #4
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    Mantis is a Great "2nd Look" option !
    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

  5. #5
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by VitalCapJeff View Post
    Good Morning Charles, we can take a look at this one. Reach out if you'd like to discuss the deal further.

    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
    C'mon Jeff, I like you guys at Vital, but you ain't going to buy out a second pos for $100K, leaving the first....

  6. #6
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by mcaguru View Post
    Mantis is a Great "2nd Look" option !
    Why are you here? You don't even know what the phrase "buy out" means

    Or are you just THAT desperate for attention that you will post anywhere "please pay attention to me!"

  7. #7
    Senior Member Reputation points: 26419
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    Quote Originally Posted by Wheetie View Post
    Good afternoon all daily funders! I was looking for advice on a second position 90-100k balance buyout. Merchants 1st pos is 160k balance 18m term that he wants left in place. Does 400-700k a month and wants premium offer. Where would you go?
    advantage might.

  8. #8
    Senior Member Reputation points: 6544
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    Quote Originally Posted by Chambo View Post
    C'mon Jeff, I like you guys at Vital, but you ain't going to buy out a second pos for $100K, leaving the first....
    As Ron always says, Chambo knows!!!

    Really, if the merchant qualifies for a large 2nd, we will consider this buy-out, even at 90k balance.

    Still, I must agree - a tough one.

    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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