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02-11-2015, 11:05 AM #1
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
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02-11-2015, 11:10 AM #2
Reputation points: 242
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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...
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02-11-2015, 11:17 AM #3
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02-11-2015, 11:28 AM #4
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02-11-2015, 11:30 AM #5
Reputation points: 3562
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