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02-03-2015, 12:48 PM #11
Brian, I usually agree with everything you say on the forums but here I don't think I can agree that there is no difference between a second and a 12th. A merchant taking a second can either be in a bad position and need a little more money or might not know that taking a second loan breaches their first contract.. At 12 positions they don't care and neither does the broker facilitating the loan.
I don't agree with stacking and I think my posts on here can confirm that, but that said there is a huge difference in the mentality with a merchant taking a second compared to taking a 12thJohn 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
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