12 month 2nd positions
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  1. #1

    12 month 2nd positions

    Anyone doing that besides Quarterspot?

  2. #2

    12 month 2nd positions

    New Era lending goes out 10 months and is the quickest to fund in that space they had a huge influx of capital and are very aggressive

  3. #3
    Senior Member Reputation points: 113 MatthewAStucchio's Avatar
    Join Date
    Jul 2014
    Location
    New York City
    Posts
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    WBL will go out 12 months, sometimes longer if the client is willing to pledge collateral and has ability to service debt on 2nd position. We have also gone out on term above 2nd position as well if it makes sense. Contact me for more details. Thank you.
    Regards,

    Matthew A. Stucchio
    Associate

    World Business Lenders, LLC

    120 W. 45th St.
    5th & 29th Floor
    New York, NY 10036

    Main: (212) 293-8200
    Direct: (212) 220-6018
    Fax: (646) 417-7161
    Email: Mstucchio@wbl.com
    www.WBL.com

  4. #4
    Why don't you try Lendini? I heard they allow PSF's....

  5. #5
    IOU Central will do 12 month seconds with great rate and pay you 7%

  6. #6
    Senior Member Reputation points: 14
    Join Date
    Apr 2015
    Posts
    188

    Need more detail, shoot me an email at nathaniel@instafundllc.com and talk

  7. #7
    Member Reputation points: 19 thudson's Avatar
    Join Date
    May 2014
    Location
    United States
    Posts
    22

    While not a standard offering, The Business Backer offers 12 month second positions where they make good financial sense on a case by case basis.
    Ty Hudson
    Director of ISO Relations
    The Business Backer
    thudson@businessbacker.com
    678-209-1365

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