i have some clients who are looking for some additional capital even though they already have a 1st position in place; their argument is that they are not willing to pay interest on interest by paying off the first to get additional capital. Now these are not your YSC 3 month 1.40 clients (not that there is anything wrong with YSC) i need something similar to a first position pricing and term, obviously not as good as 1st position but not a 3 month 1.40 either. I know IOU and Quarterspot will do decent 2nds but i need more options.

Any input would be appreciated