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02-13-2016, 05:18 PM #16
Reputation points: 24139
- Join Date
- Apr 2014
- Location
- Washington DC
- Posts
- 421
I thought I remembered a thread discussing 13 or 14 positions on this forum a couple of years ago, but may be mistaken. We saw 11 positions a couple of weeks ago, but didn't fund it -- the most we have consolidated is 7 positions (no net, and the deal has repaid perfectly). Actually a decent company other than how much they were paying in daily payments -- they were paying around $17.5K per week drawn on a daily basis, we lowered weekly payments to $5.3K.
Dan, consolidating a few deals 8 deep and not getting stacked is quite impressive!Carl Fairbank
Founder & CEO boldMODE
www.boldmode.com
Carl@boldmode.com
Founder & former CEO of Breakout Capital (sold to SecurCapital in 2019)
www.breakoutfinance.com
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