Need buy out of a small second position (4k) and funding on top. Imminent deal
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  1. #1

    Need buy out of a small second position (4k) and funding on top. Imminent deal

    Need buy out of a small second position (4k) and funding on top. Client has a recent funding from another merchant in last 30 days with balance in the high 30's. So- he has 2 current fundings out. There are competing quotes out there but I want to win this one. Help me!

  2. #2
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    Need buy out of a small second position (4k) and funding on top. Imminent deal

    So you are looking for someone to buy out the merchants current second (4k) and come in with a higher second position?

    I did a few of these before and need more info if you want me to help. PM me balance info for both, last 3 months of gross, daily bank bal, industry, and TIB. Credit score would be helpful too
    Amanda Kingsley
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  3. #3
    Senior Member Reputation points: 11553 Eagle Funding's Avatar
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    Need buy out of a small second position (4k) and funding on top. Imminent deal

    How much is he trying to get and monthly deposits?
    Eagle Funding Group
    Phone: (646) 793-6809
    Email: info@eaglefundinggroup.net
    Web: www.eaglefundinggroup.net

  4. #4
    He is trying to net as much as 15K

    Monthly deposits are are 65K+

  5. #5
    If you still have this one on your desk I can help you with it. Please contact me.
    Erin Dreselly

    World Business Lenders
    81 Market Sq., Suite 7
    Newington, CT 06111

    Direct: 860-549-2419
    Cell: 860-692-4636
    Fax: 860-499-5413
    Email: edreselly@wbl.com
    Web: www.wbl.com

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