Quote Originally Posted by Funding101 View Post
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.
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.

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