Results 1 to 14 of 14
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10-16-2020, 02:06 PM #1
Reputation points: 31
- Join Date
- Apr 2017
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- Orange County, CA
- Posts
- 88
2nd Position Lenders that do 8-10 month?
Interested in recommendations for lenders that offer 2nd position MCA's that offer 8-10 month terms, it seems most we have immediately drop to 5-6 months for a clean credit file. Thanks in advance.
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10-16-2020, 02:15 PM #2
Reputation points: 1519
- Join Date
- Aug 2020
- Location
- New York, NY
- Posts
- 124
Hey, Depending on the file and the terms of the 1st position - there are lot's of funders that would go out that long.
UFS, FOX, LG would deff do that, potentially RDM. (I'm sure there are a lot more)
Not that these are the terms they'd love to push out as a second, but they would do it if the deal warrants it.
Thanks.Underwriting Desk | ClearFund Solutions | New York, NY.
P: 855-543-2133 E: deals@clearfund.co W: www.clearfund.co
_____________________________
ClearFund is a Direct Funder
ISO inquires: partners@clearfund.co
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10-16-2020, 02:36 PM #3
Reputation points: 3706
- Join Date
- Jan 2017
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- 343
We can help you with this file.
Paul Boxer
Merchant Marketplace
Chief Operating Officer
Chief Revenue Officer
Cell: (516) 805-9209
paul@merchantmarketplace.com
www.merchantmarketplace.com
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10-16-2020, 03:00 PM #4
Reputation points: 6369
- Join Date
- Dec 2018
- Location
- 48 Wall St. New York, NY 10005
- Posts
- 255
We're currently maxing out at 8 to 8.5 months on 2nd's. Feel free to reach out to discuss any particular deal.
Jeff Pecori
Business Development & ISO Relations
VitalCap Fund | 48 Wall St. | New York, NY 10005
P. 850.630.7509 Ext.101 | F. 646.219.7949
jeff@vitalcapfund.com
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10-19-2020, 10:42 AM #5
Reputation points: 3872
- Join Date
- Sep 2016
- Posts
- 49
Thanks for the mention Clearfund.
RDM is currently providing 8-9 month terms on the vast majority of all clean 2nd and 3rd position offers, as well as only providing hard offers up front. Feel free to reach out on my cell for more infoAvraham Sharaby
Director of Business Development
Fintap
777 Passaic Ave, Suite 375
Clifton, NJ 07012
Phone: 973-500-6692
Cell: 443-416-2765
Asharaby@Fintap.com
www.Fintap.com
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10-21-2020, 08:55 PM #6
Reputation points: 1280
- Join Date
- May 2019
- Posts
- 74
Greenwich Capital would go out to 8-10 months on solid 2nd positions - Info@gcmcapitalgroup.com for an ISO Agreement.
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10-22-2020, 04:18 PM #7
Reputation points: 69512
- Join Date
- Mar 2016
- Posts
- 885
CFG Occasionally does 8 month deals if the 1st position is a clean funder with a longer term. 150-170ish day term is what you will see on a clean 2nd position if the funded amount is substantial enough. Ive done them before, but the funded amount was greater than 100k.
Not going to go out 8 months on a 15k file.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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10-22-2020, 05:46 PM #8
Reputation points: 10
- Join Date
- Aug 2019
- Posts
- 10
Windgate Capital can go out to 10 Months and we have starting buy rates in the 1.20's with weekly payments. if interested give me a call at 516-400-2062
Scott King |Director of ISO Relations
Windgate Capital
90 Broad St, 16th Floor, New York, NY 10004
Direct: (516) 400-2062 ǀ Cell: (917) 565-9880
Scott@WindgateCapital.com ǀ https://www.WindgateCapital.comLast edited by WindgateCapital; 10-22-2020 at 05:53 PM.
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10-22-2020, 05:51 PM #9
Reputation points: 676
- Join Date
- Feb 2017
- Posts
- 155
We do 2nd positions up to 11 months all day.
Email info@pdmcapital.com to sign up!PDM Capital
39 Broadway
New York, NY 10006
646-876-1055
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10-26-2020, 09:46 AM #10
Reputation points: 3646
- Join Date
- Oct 2017
- Posts
- 62
We work with a number of 2nd position funders consistently offering 8-10 month terms with buy rates in the 1.20s. If you are interested in talking more, don't hesitate to direct message us or email us at info@capfront.net. We're looking forward to hearing from you!
CapFront
210 Old Country Rd, Ste 101
Garden City, NY 11501
P:844-466-6394
info@capfront.net
www.capfront.net
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10-26-2020, 09:47 AM #11
Reputation points: 9581
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- Dec 2016
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- 59
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10-26-2020, 02:55 PM #12
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10-26-2020, 02:57 PM #13
Reputation points: 83
- Join Date
- Dec 2019
- Posts
- 66
We are actively funding 2 position deals with 8 month terms and very aggressive rates.
Feel free to reach out for more info.Benjamin Lugassy
SOS Capital
blugassy@soscapital.com
P:212-235-5462
F:212-235-5459
www.soscapital.com
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10-26-2020, 03:11 PM #14
Reputation points: 124
- Join Date
- Jul 2017
- Posts
- 31
8-10 month 2nd & 3rd position deals, especially behind top tier lenders, would fall right within our program parameters. Note: we tend to not extend our term past the most recent position.
Please email me if interested.Last edited by fundingtoday; 10-26-2020 at 03:35 PM.
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