Results 1 to 2 of 2
-
01-09-2016, 11:57 AM #1
Reputation points: 11
- Join Date
- Jun 2015
- Posts
- 32
1st position term loan
Do MCA lenders consider a term loan as 1st position? Or will they still lend at first since it's a completely different product?
-
01-09-2016, 01:12 PM #2
Reputation points: 759
- Join Date
- Apr 2015
- Posts
- 297
No, 99% of them do not. They will give offers on a 1st position basis.
Similar Threads
-
Auto dealership Looking for a second Position for 80K 9month -12 month term
By prosperity in forum Deal BinReplies: 5Last Post: 01-06-2016, 04:24 PM -
$1 Million Term Loan
By Christian in forum Deal BinReplies: 8Last Post: 11-24-2015, 02:35 PM -
Term Loan For A Sole Prop?
By ks0807 in forum Deal BinReplies: 10Last Post: 10-21-2015, 10:02 AM -
Short Term Loan
By wally in forum Business LoansReplies: 6Last Post: 08-05-2015, 12:04 PM -
Client in need of loc or term loan
By lendinghand in forum Business LoansReplies: 3Last Post: 04-10-2015, 02:42 PM