Results 1 to 20 of 20
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09-14-2015, 01:33 PM #1
- Join Date
- Sep 2015
- Posts
- 2
Second Position Funders
I am looking for good second position funders besides Everest. Trying to add a couple more into the mix that offer competitive second positions. I.E 6 month 1.35-1.40 range.
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09-14-2015, 02:33 PM #2
- Join Date
- Sep 2015
- Posts
- 41
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09-14-2015, 03:11 PM #3
- Join Date
- Apr 2015
- Posts
- 42
Hi there,
Depending on the type of industry / age of business / financials, Vital should be able to get you great offers on 2nd's (ACH, CC / lockbox).
- 100% Direct lender (no sales team)
- Super responsive customer service
- Fast turnarounds (underwriting through funding)
- Great rates 1st-3rd position
- We never share or broker your deals
Feel free to call / shoot me an email for our full ISO package.
Best of luck,Ron Hizkiyahu
Business Development & ISO Relations
VitalCap Fund | 48 Wall St. | New York, NY 10005
P. 212.994.6996 Ext.101 | F. 646.219.7949
ron@vitalcapfund.com
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09-14-2015, 05:36 PM #4
- Join Date
- Sep 2015
- Location
- Frisco, TX
- Posts
- 13
World Business Lenders will take on a second or third position, if the client has real estate collateral. Property does not have to be free and clear, just has to have enough net equity and business revenue to justify loan amount. We have fairly competitive rates as well. It takes a tad bit longer to close and fund due to BPOs and Title work but we can loan up to 3 times the monthly revenue. In a second position, the debt to income ratio is also considered in the amount that it is approved. I would love to work with you, if you have deals that look like they could fit into this program.
Denny Applewhite
ISO Relationship Manager
World Business Lenders - Frisco, TX Branch
rapplewhite@wbl.com
972-935-1489
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09-14-2015, 06:06 PM #5
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
If it helps...I am a direct, private lender and can consolidate first, second or more positions. 1.31 over twelve months
$50k - $1M + loan amounts.
Client needs to be able to show they can realistically afford the payments and get off the crack of MCA loans. :-)
Let me know if you would like to discuss
Dan Page
Direct: (303) 938-8280
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09-14-2015, 06:22 PM #6
- Join Date
- Sep 2015
- Posts
- 13
Good evening,
1st Merchant Funding offers competitive second positions with aggressive buy-rates, creative pricing, and awesome service. I would love to chat and show you what we can do for you.
I look forward to hearing from you.
Direct - 305-974-1797
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09-14-2015, 06:30 PM #7
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Second Position Funders
Hi Dan
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09-15-2015, 05:09 PM #8
- Join Date
- Sep 2015
- Posts
- 1
my firm does 1st 2nd 3rd
on A B C paper. i think we can get you covered....
or more info.......
check me @ kbriggs@capitalpartnersnetwork.com
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09-15-2015, 09:03 PM #9
- Join Date
- Nov 2014
- Posts
- 438
LoanMe takes 2nd position. We are a direct lender offering unsecured business loans with MONTHLY payments. We do not have any restricted industry types or SIC codes as long as they are a "For Profit" business. Loan sizes range from $3,500-$100,000 with terms from 24-180 months. There is never any pre-payment penalties, so borrowers can pay off their principal balance at anytime avoiding future interest charges. By paying off early/6 months, good borrowers can fall into this 1.35-1.40 factor range.
Please contact us for more information.LoanMe Business
949-535-7798
Email: Business.Loans@LoanMe.com
www.loanme.com/SBL-partner
1900 S State College Blvd. Suite 300
Anaheim, CA 92806
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09-15-2015, 11:30 PM #10
- Join Date
- May 2015
- Location
- Long Island
- Posts
- 247
LoanMe, you guys won't fund an LLC? What's the story there?
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09-15-2015, 11:52 PM #11
Please reach me on my direct line tomorrow so we can discuss
Christina Rossi
Business Development
Account Executive
Tel: 866-629-4464 ext 229
Fax: 917-368-6943
Crossi@maxadvance.com
www.maxadvance.com
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09-16-2015, 08:02 AM #12
Second Position Funders
Lendini, QuarterSpot, Smart Business Funding, TVT Capital, New Era
Last edited by 1StopFunding; 09-16-2015 at 04:55 PM.
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09-16-2015, 10:49 AM #13
- Join Date
- Jun 2014
- Posts
- 195
only spot to go to is Yellowstone for 2nd's
Avi Dahan is great over there
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09-16-2015, 12:41 PM #14
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
Hi Bob! Hope all is well with you.
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09-16-2015, 12:51 PM #15
- Join Date
- Jun 2013
- Posts
- 293
I'd be happy to talk if you are interested in syndicating.
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09-16-2015, 02:39 PM #16
- Join Date
- Nov 2014
- Posts
- 438
LoanMe Business
949-535-7798
Email: Business.Loans@LoanMe.com
www.loanme.com/SBL-partner
1900 S State College Blvd. Suite 300
Anaheim, CA 92806
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09-17-2015, 01:07 PM #17
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09-17-2015, 01:59 PM #18
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09-17-2015, 02:14 PM #19
- Join Date
- Jul 2014
- Posts
- 196
Second Position Funders
We can do seconds if the banks say they can handle it. Also we can pay off a small balance and set them up as a new 1st position. Our rates are around the terms you stated but can go lower depending on the file.
Mike@SamsonPartnersLLC.com
347-492-1801
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09-17-2015, 04:32 PM #20
- Join Date
- Jun 2014
- Posts
- 541
Give us a call. Cooper's pricing tends to be very close to Everest's on 2nd's for C/B- type paper-
Robert S Bloink
EVP of ISO Partnerships
Direct: 313-218-4663
Email: bb@cooperasset.com
Web: www.cooperasset.com
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