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11-04-2016, 07:19 PM #1
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Top Second Position Funders
Who are the top funders that will take a 2nd postion for A\B paper?
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11-04-2016, 08:23 PM #2
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Top Second Position Funders
Ok. Well the search bar is a great feature I check before posting. Figuring this topic has been discussed many many many times. People google all sorts of stuff- same concept.
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11-04-2016, 08:31 PM #3
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All of them that do A paper. They may even buy out the first if its a strong file.
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11-04-2016, 08:57 PM #4
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Already done that. That's the advice I always give out.
The search feature on this forum isn't the great. Plus, times change, and a lot of the posts that came up were somewhat old.
Merchant has a Kabbage line of credit which is the "1st position." He doesn't want to get a payoff letter because what I heard is Kabbage will close the LOC if it's paid off in that way.
QuarterSpot? IOUCentral? Are these still the go to?
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11-04-2016, 09:28 PM #5
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Top Second Position Funders
[edit -- redundant comment]
Last edited by Cfairbank; 11-05-2016 at 10:44 AM.
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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11-06-2016, 08:32 AM #6
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11-08-2016, 10:45 AM #7
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pmd
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11-08-2016, 12:20 PM #8
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Quarterspot wouldn't consider a lender that isn't pulling daily or weekly as a position. Please feel free to PMD and we can review.
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11-08-2016, 01:40 PM #9
i dont know, prob pearl, ysc, and dont forget marcus at cresthill.
Jerry Starr
Insource Funding
433 Plaza Real,
Boca Raton, Fl 33432
P: 800-805-3391 Fx: 561-270-6895
insourcefunding.net
WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL
◆ 50% LTV - No Fico Required
◆ 90% CLTV on Purchases
◆ Investment Residential / Commercial Properties
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11-08-2016, 02:07 PM #10
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Top Second Position Funders
First merchant, vital cap, power up. Good guys.
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11-08-2016, 02:38 PM #11
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Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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11-08-2016, 02:42 PM #12
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Yellowstone, Pearl, Everest and Knight do not consider Kabbage an advance.
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11-08-2016, 02:53 PM #13
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11-08-2016, 03:29 PM #14
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Top Second Position Funders
We will pay off and take 2nd in certain circumstances. Or do a straight 2nd position.
Mike@samsonfunding.com
347-492-1801
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11-11-2016, 04:45 PM #15
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If you want a real 2nd - 5th position lender, Call CFG Merchant Solutions.
We give your merchant the deal they are looking for, not the other way around.
Call for more info.
Lmonus@cfgms.com
Direct: 516-319-5826
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11-14-2016, 10:28 AM #16
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Lior at CFG is great, have done a few deals with him.
Here at YSC we can give very aggressive 2nd position offers as well. Feel free to reach out if you are not already set up with a rep over here.
Anthony Saracino
Senior Funding Coordinator
Yellowstone Capital LLC
Direct: (516)-282-0933
Fax: (646)-403-3092
Cell: (201)-523-2596
Asaracino@Yellowstonecap.com
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11-14-2016, 11:15 AM #17
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Mantis/Cresthill makes fastest offers / fewest stips / Adjustment department to adjust offers / double digit commissions / (lately our offers seem to be somewhat larger then past)...
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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11-21-2016, 09:46 AM #18
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Evolution Capital Group
(P)-888-624-2561
(F)-888-316-8857
funding@evocapitalgroup.com
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11-21-2016, 09:57 AM #19
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