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  1. #1
    Veteran Reputation points: 159120 J.Celifarco's Avatar
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    There are no other options.. If the merchant wants more money they need to pay off the first position to get a good deal.. even with the interest on interest it is still a better deal to pay off the balance then it is to stack a terrible deal behind the first..
    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

  2. #2
    Quote Originally Posted by J.Celifarco View Post
    There are no other options.. If the merchant wants more money they need to pay off the first position to get a good deal.. even with the interest on interest it is still a better deal to pay off the balance then it is to stack a terrible deal behind the first..
    thats exactly the point, not looking to stack with a terrible deal. I agree with you that stacking with a 3 month 1.40 will be worse than paying off the balance on the first but i know for a fact there are better options out there, IOU and Quarterspot are 2 of them...

  3. #3
    IOU has a restricted list of lenders they won't come behind on. So be careful....

    Quote Originally Posted by stat View Post
    thats exactly the point, not looking to stack with a terrible deal. I agree with you that stacking with a 3 month 1.40 will be worse than paying off the balance on the first but i know for a fact there are better options out there, IOU and Quarterspot are 2 of them...

  4. #4
    Quote Originally Posted by cardinalequity View Post
    IOU has a restricted list of lenders they won't come behind on. So be careful....
    im aware of IOU's restricted lender list, but thanks for the heads up!

  5. #5
    No problem..see I share info.

    Quote Originally Posted by stat View Post
    im aware of IOU's restricted lender list, but thanks for the heads up!

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