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  1. #1
    Senior Member Reputation points: 1393
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    Who funds w/ zero-net requirement +2 positions

    Thanks in advance.

  2. #2
    no one does 0 net iou use to but they do 40% now, and it makes sense if you net the merchant 0 dollars paying off two deals they will want to/need to take another deal behind it and why wouldn't they if they already took two deals once

  3. #3
    Senior Member Reputation points: 99
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    We can buyout positions but merchant has to net close to 50%.

    We can do 2 positions if it makes sense.

  4. #4
    Senior Member Reputation points: 35
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    If the merchant credit score is atleast 700, I’ll underwrite it and fund it

  5. #5
    Senior Member Reputation points: 44858
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    Quote Originally Posted by Business2122 View Post
    If the merchant credit score is atleast 700, I’ll underwrite it and fund it
    no you wont.

  6. #6
    Veteran Reputation points: 157541 J.Celifarco's Avatar
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    fundworks is good for these deals they have the lowest merchant net% that I have seen. Pretty sure they are good for 30% net maybe less.
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  7. #7
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    Lol, what are you bored and 12?

    Speak full thoughts or keep to the back of the cheese bus with the windows rolled up

  8. #8
    Senior Member Reputation points: 35
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    Quote Originally Posted by fin4all View Post
    no you wont.
    Lol, what are you bored and 12?

    Speak full thoughts or keep to the back of the cheese bus with the windows rolled up

  9. #9
    Senior Member Reputation points: 51397 DTFdowntofund's Avatar
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    Being in this space for at least 9 years you should already know the answer to this question.

  10. #10
    Senior Member Reputation points: 503040
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    Quote Originally Posted by Business2122 View Post
    Lol, what are you bored and 12?

    Speak full thoughts or keep to the back of the cheese bus with the windows rolled up
    Lol, what are you bored and 12?

    Speak full thoughts or keep to the back of the cheese bus with the windows rolled up

  11. #11
    Senior Member Reputation points: 1365
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    Quote Originally Posted by Quickfunder View Post
    Thanks in advance.

    The only lender I have personally and seen and done with was Fundworks 75k 200 days paying off balances 68k

  12. #12
    Senior Member Reputation points: 1393
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    Quote Originally Posted by DTFdowntofund View Post
    Being in this space for at least 9 years you should already know the answer to this question.
    I happened to know Fundworks already does these deals. But couldn't go to them on this. There's a small handful of lenders who can do a net-zero and several have disappeared over the years.

    Did you change your moniker?

  13. #13
    Senior Member Reputation points: 51397 DTFdowntofund's Avatar
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    Quote Originally Posted by Quickfunder View Post
    I happened to know Fundworks already does these deals. But couldn't go to them on this. There's a small handful of lenders who can do a net-zero and several have disappeared over the years.

    Did you change your moniker?
    Nah

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