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01-08-2015, 04:58 PM #1
2nd position 9 or 12 month deal other than IOU or Quarterspot
I have a slam dunk merchant. Great credit, been in business since 2008, deposits 75k/month, average balances 15k and up. He has On deck and is looking for a 2nd position for 9 or 12 months. IOU will not touch him because he does not meet their minimum 15 deposits a month policy. He deposits between 10-13 times a month. Quarterspot will not touch him because he is located in California and they dont do business there. Is there anyone else out there that will give him a 2nd position for 9 to 12 months other than IOU or Qarterspot?
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01-08-2015, 05:24 PM #2
- Join Date
- Dec 2014
- Location
- Long Beach, California, United States
- Posts
- 26
we have 2nds that will go to 12 months. they are credit score driven
Elisa
562-513-1963
elisa@multivisionfinancial.comMullti Vision Financial
Elisa Blackmon
Financial Capital Advisor
D: 562-513-1963 E: Elisa@MVFLoans.com
F: 562-590-9393 F2: 858-810-0288
Office: 888-598-9951
MVFLoans A+ BBB Rating
**ask about our referral program**
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01-08-2015, 06:06 PM #3
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01-09-2015, 08:50 AM #4
- Join Date
- Jul 2014
- Posts
- 74
2nd position 9 or 12 month deal other than IOU or Quarterspot
Does IOU have closing costs in their contract (other than usual admin fees etc) ?
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01-12-2015, 05:16 PM #5
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01-09-2015, 08:55 PM #6
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 730
How about a 2-5 year term loan. 10-19% rate with monthly payments.
bzuniga@omegafund.com
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01-12-2015, 05:17 PM #7
Already placed the deal elsewhere but will PM you for details.
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01-12-2015, 02:51 PM #8
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01-12-2015, 09:02 PM #9
- Join Date
- Dec 2014
- Posts
- 81
I can get this deal done.
Brandon Seger
(636) 627-9498
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01-12-2023, 03:10 PM #10
I can get this done on a weekly or bi weekly with one of our private lenders. Call my cell 314-358-0698
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