[jotucker1983]

and yet if any of you reps had a 3-6th position deal to place, say you brought it to these companies, they gave an offer and the merchant signed, you would say "no sir, I just did it to see if there was a chance of it happening, I can not in good faith fund you a 6th position and make $4k commission with a $4k psf. Why don't you consider the MCA anonymous website?

hahaha GTFOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

Anthony,

I personally wouldn't submit it for a 3rd position, and two, none of my lenders would even go out further than a 2nd position anyway. The lenders doing 3rd and 4th stacks are mostly (from what I can see) newer lenders who are looking to gain any type of market share, doesn't matter if it's profitable, ethical, or what.

Why would a lender even want to be in a 4th, 5th, or 6th position in a financing arrangement lol? Like I said, it makes no sense.

[ADiamond]

Anthony,

I personally wouldn't submit it for a 3rd position, and two, none of my lenders would even go out further than a 2nd position anyway. The lenders doing 3rd and 4th stacks are mostly (from what I can see) newer lenders who are looking to gain any type of market share, doesn't matter if it's profitable, ethical, or what.

Why would a lender even want to be in a 4th, 5th, or 6th position in a financing arrangement lol? Like I said, it makes no sense.

Strategic and Yellowstone just renewed him.

Why would strategic, a supposed A+ lender give a renewal if they had 5 positions stacked on top of them? The lenders doing 3rd, 4th, etc positions aren't doing it to just gain a market share - they're doing it because there is value in high risk lending. If you or no one else here would submit for a 3rd position, then god bless you, because someone will do it, and they're going to make money off it.