2nd position 8 months TIB
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  1. #1

    2nd position 8 months TIB

    Looking for a second position deal between 50-80k. Client has been in business since January & has done 800k in ags this year. The first position deal is for 50k. They are looking for an additional 50-80k. Credit is not great, no NSF's. Who could do this deal? Looking for at minimum 6-8 month term.

  2. #2
    Member Reputation points: 262 John_FMS's Avatar
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    Quote Originally Posted by christian04 View Post
    Looking for a second position deal between 50-80k. Client has been in business since January & has done 800k in ags this year. The first position deal is for 50k. They are looking for an additional 50-80k. Credit is not great, no NSF's. Who could do this deal? Looking for at minimum 6-8 month term.
    We can have an offer out to you within an hour of receiving the package. We are direct lenders and will structure the deal you are looking for. Please call or email to discuss. Thanks.
    John Yanity
    352 Sonwil Drive | Buffalo, NY 14225
    Direct Funder


    Mobile (716) 710.1289
    Fax (888) 848.0109
    Email (john@fundingmerchantsource.com)
    http://fundingmerchantsource.com/

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    http://www.bbb.org/losangelessilicon...each-ca-268003

  3. #3
    Senior Member Reputation points: 9546
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    Quote Originally Posted by christian04 View Post
    Looking for a second position deal between 50-80k. Client has been in business since January & has done 800k in ags this year. The first position deal is for 50k. They are looking for an additional 50-80k. Credit is not great, no NSF's. Who could do this deal? Looking for at minimum 6-8 month term.
    I don't see any issue in funding this. Not sure I can get to 6-8 months but can definitely give you something to consider.

  4. #4
    Senior Member Reputation points: 27404
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    2nd position -12 month 1.20 sale

    With strong deposits! I can and Just closed a low fico merchant for 12 months weekly at 1.20 netted 5 point on commissions

    Lmk if I can help!

    Steven
    Davincinc.com
    Steven Jones
    www.davincinc.com
    Steven@davincinc.com
    PH: 210-290-4102
    "We can beat your offer!"

  5. #5
    Senior Member Reputation points: 64
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    Jul 2014
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    2nd position 8 months TIB

    What's the balance on the first and what type of business

    Mike@samsonfunding.com
    347-492-1801

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