2nd position
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  1. #1

    2nd position

    Do any lenders go out to 12 months in a second position? If the financials are very strong & good credit?

  2. #2
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    2nd position

    What is their business please?

  3. #3
    Senior Member Reputation points: 7162 TheShitzuofMCA's Avatar
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    I can offer you a consolidation and 12-15 month terms. Merchant would have to owe around $100k or less on the 1st position.

  4. #4
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    The well known onese are: IOU , Qspot there are others.
    So many new guys dont know where to place a deal...
    Last edited by omegafund; 03-18-2016 at 06:40 PM.

  5. #5
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    Quote Originally Posted by ksmo1309 View Post
    Do any lenders go out to 12 months in a second position? If the financials are very strong & good credit?
    I am a direct lender and can go 12 or 18 months. But I do not stack. I would have to buy out the first position and end up in first place.

    Minimum funding is $100k, max $2M.

    If you are interested, please feel free to reach out by email.

    Best,

    Dan Page
    dan@fundingstrategypartners.com

  6. #6
    Quote Originally Posted by omegafund View Post
    The well known onese are: IOU , Qspot there are others.
    So many new guys dont know where to place a deal...
    Well not a new guy... the amount the merchant is seeking, Iou or qspot do not offer... but thanks for your input.

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