[AlexSMF]

Other than IOU, Quarterspot, or Everest, does anyone go out 9 months or longer on 2nd positions?

[dpFund]

Hi Alex,

I am a direct lender and fund up to eighteen months. I can consolidate first position (actually, no limit yet on the number of positions I can consolidate...have done up to eight so far) and provide cash out, if that helps your client. (usually I can save them significant money on their first position).

Best,

Dan Page
dan@fundingstrategypartners.com

[AlexSMF]

Hi Alex,

I am a direct lender and fund up to eighteen months. I can consolidate first position (actually, no limit yet on the number of positions I can consolidate...have done up to eight so far) and provide cash out, if that helps your client. (usually I can save them significant money on their first position).

Best,

Dan Page
dan@fundingstrategypartners.com

Hi Dan,

I doubt you can consolidate this merchant. He owes 72,000 in 1st position on about 80,000 avg montly gross in sales. Looking for a 2nd position funder that goes out 9 months plus other than the funders I mentioned above. And no, WBL, he does not have real estate to pledge.

[Christian]

LoanMe

[ThomasF]

Just out of curiosity, how much does the merchant have to net if you were to consolidate multiple positions.

[Zach]

LoanMe, Business Backer, and WBL come to mind.

[MCABroker]

Submissions at business backer told me today they'd stop doing second positions? Anyone else can confirm this?