On Deck Max Term?
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  1. #1

    On Deck Max Term?

    Came across an ODC ACH deal on some bank statements, and the term appears to be for at least 24 months. How far out are they going these days?

  2. #2
    Veteran Reputation points: 159120 J.Celifarco's Avatar
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    18 months is the longest I have seen
    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

  3. #3
    I believe they only do the 24 month terms in house, but they are definitely doing them.

  4. #4
    Senior Member Reputation points: 3217 CO1's Avatar
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    On Deck Max Term?

    18 for brokers with an average of 12 and for in house it's 24 months. .

  5. #5
    Gotta love the even playing field of direct sales vs brokers - what rate do direct sales sell deals at in comparison to brokers at OD

  6. #6
    Senior Member Reputation points: 3217 CO1's Avatar
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    On Deck Max Term?

    well it depends on the file. . .

  7. #7

    On Deck Max Term?

    I was up against a 12 month 1.16 on deck direct to merchant a while back !

  8. #8
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    On Deck Max Term?

    They offer that kind of pricing to some of there best trusted ISO's as well. .

  9. #9
    I got 24 Months last week

  10. #10
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    Have seen them pull out to 24 months as well
    Ben K
    Fratello Capital
    Direct Funder
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    www.fratellocapital.com
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