Largest 2nd Positions?
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  1. #1

    Largest 2nd Positions?

    Looking for who would give the largest second position at non-ridiculous rates? I focus on first positions, but I have plenty of 2nd position lenders they just all seem....the same. Looking for where who goes up to 500k on 2nds

  2. #2
    We do 2nd positions all the time, let me take a look and I will get answers for you within thehour.

    We are an In-House Direct Lender

    Herman Ospina
    ISO Rep:
    (O): 3478994677 Ext 1111 Logo

    Advantage Merchant Funding
    104 E. 25th St.10th FL.
    NY, NY 10010

  3. #3
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    If everything falls into place my company will fund 500k or more as a stack. Our rates and fees are fairly resonable.

    Scott Platto
    scott@tmrnow.com
    212-220-9872

  4. #4
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    Just messaged you.. would love to get this done

  5. #5
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    Capybara Capital makes WHALE-SIZE (2nd position) offers all day long -- with great low buy-rates with longer terms. Up-to-3M! (Many ISO's claim its the large $$$$ Amount offers that helps us win the deal).
    Last edited by MCA-VET; 11-09-2022 at 11:04 PM.
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  6. #6
    Quote Originally Posted by fundingmanager View Post
    Looking for who would give the largest second position at non-ridiculous rates? I focus on first positions, but I have plenty of 2nd position lenders they just all seem....the same. Looking for where who goes up to 500k on 2nds
    We have the capabilities to fund well beyond your 500K mark with flexible rates and generous early payback discounts dependent on the file quality and size of course.
    Lifetime Funding
    nicholas@lifetimefundingllc.com
    516-604-0609

  7. #7
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    Quote Originally Posted by fundingmanager View Post
    Looking for who would give the largest second position at non-ridiculous rates? I focus on first positions, but I have plenty of 2nd position lenders they just all seem....the same. Looking for where who goes up to 500k on 2nds
    We have the capability to go up that high - We dont do it often, but Ive done a handful in the past. Feel free to reach out, if youd like to share more.

    The only other Funder ide recommend for a file of this size that truly does also have the capability is Delta, maybe EBF and Forward (Not sure if they go up that high) but their terms are solid based on the fundings i see them do.
    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

  8. #8
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    Capybara Capital is 100% amongst the very very few (as per Lior) that actively funds the 300K-3M Files......Great Terms / Great Low Buy-Rates.
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  9. #9
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    Quote Originally Posted by MCA-VET View Post
    Capybara Capital makes WHALE-SIZE (2nd position) offers all day long -- with great low buy-rates with longer terms. Up-to-3M! (Many ISO's claim its the large $$$$ Amount offers that helps us win the deal).
    Can you name one ISO that can back up that claim ?

  10. #10
    Senior Member Reputation points: 122242 BR-Nightmare's Avatar
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    Quote Originally Posted by RickyR3712 View Post
    Can you name one ISO that can back up that claim ?
    I can vouch for Marcus in regards to smaller deals funded. However I have not seen them in the larger files that I review.
    The Brokers Nightmare
    I don't want peace, I want problems, ALWAYS!
    Florida-Based

  11. #11
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    Quote Originally Posted by RickyR3712 View Post
    Can you name one ISO that can back up that claim ?
    Why would Marcus make that information public? If I was that ISO, I would not want that info disclosed -
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  12. #12
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    Quote Originally Posted by Yankeeman07 View Post
    Why would Marcus make that information public? If I was that ISO, I would not want that info disclosed -
    Asking for trade references from a funder making HUGE claims is a very normal practice.

  13. #13
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    Quote Originally Posted by fundingmanager View Post
    Looking for who would give the largest second position at non-ridiculous rates? I focus on first positions, but I have plenty of 2nd position lenders they just all seem....the same. Looking for where who goes up to 500k on 2nds
    Since you're saying that they all seem to be the same.... What do you feel is missing in the second position funder space, more dollar? Rate? Term?
    Sam Blackburn Plaid Business Fund
    ISO Relations - 646-862-6211
    sam@plaidfund.com
    _____________________________


    We do not fund open defaults.

  14. #14
    We are super strong on 2nd's, rates start at 1.27, 14% commission available. Max funding $1m, yes even on 2nd's. Info in signature below.
    203-705-8764

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