Third position
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  1. #1
    Senior Member Reputation points: 752
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    Third position

    I have a title company from Florida that needs a third position. The current off on the table is 35k with a 49k payback at 110 days. Know of anyone that can beat it?

  2. #2
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    A little more information would be helpful. What are the remaining balances, average daily balances, total monthly deposits, amount being taken out daily from the 2 existing balances? That being said, this offer is a 1.4 rate, 5.5 months, sounds like Everest, you may be able to beat it, but only by taking a hit on the commission. Reach out to discuss what kind of offer I can get you.

  3. #3
    Senior Member Reputation points: 3088
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    SOS capital will probably give them somewhere between a 1.22-1.30 over 6 based on the little info provided.

  4. #4
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    Send to Cresthill Capital ...We are now making offers in 3 Hours and Paying Double Digit Commissions and will happily adjust offers and we now fund as soon as contracts are back-in! most of our deals DO NOT require COJ...

    Sign up today!
    bizdev@cresthillcapital.com
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
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    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  5. #5
    Senior Member Reputation points: 64
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    Third position

    Depending on the financials I've done 4th positions with better rates. Just need more info on the file. Also if the merchant is looking for a full or partial consolidation we would look to do that as well.

    Mike@samsonpartnersllc.com
    347-492-1801

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