Does anyone go out 9 months on a third position?
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  1. #1
    Senior Member Reputation points: 6278
    Join Date
    Mar 2016
    Posts
    186

    Does anyone go out 9 months on a third position?

    Merchant owes 8K to Ondeck has 12 payments left.
    Owes another 100K to 2 other funders.

    300K deposits
    50K avg. ledger in October
    7 1/2 years TIB
    Revenue increasing

    Looking to net 50K /9 months

  2. #2

    Does anyone go out 9 months on a third position?

    Lendini will do 6 1/2 months on a 3rd.

  3. #3

    Does anyone go out 9 months on a third position?

    Lendini paying up to 15 points !

  4. #4
    Senior Member Reputation points: 64
    Join Date
    Jul 2014
    Posts
    196

    Does anyone go out 9 months on a third position?

    We can look to pay of the 100k balances or the smaller one to take 2nd. What are the individual balances ?

    Mike@samsonfunding.com
    347-492-1801

  5. #5
    I mite be able to do it if, not unheard of I need a closer look, send me over the file.

    Nicholas Koutelos
    Samson Funding
    347-252-0327
    nicholas@samsonfunding.com
    Best,


    Nicholas Koutelos

    Merchant Funding Specialist



    Samson Funding

    90 John St Suite 410

    New York, NY 10038

    Office: 347-252-0327

    Cell: 347-563-0202

    Fax: 718-304-1163

    Nicholas@samsonfunding.com

  6. #6
    Senior Member Reputation points: 9546
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    416

    Quote Originally Posted by mikem View Post
    Merchant owes 8K to Ondeck has 12 payments left.
    Owes another 100K to 2 other funders.

    300K deposits
    50K avg. ledger in October
    7 1/2 years TIB
    Revenue increasing

    Looking to net 50K /9 months
    I can go up to 5-6 months.

  7. #7
    Member Reputation points: 254
    Join Date
    Oct 2016
    Location
    Cherry Hill, NJ
    Posts
    73

    ABC will go out to 9 months and the 50K is doable. It is actually a fourth position. We could possibly consolidate everything into 12 months and give him the 50K he asked for. Give me a call 856-782-3801

    You said: Merchant owes 8K to Ondeck has 12 payments left.
    Owes another 100K to 2 other funders.

  8. #8
    Banned Reputation points: 10108
    Join Date
    Apr 2013
    Posts
    245

    This sounds like something Delta Funding Group can handle, they have programs specifically for this.

  9. #9
    Senior Member Reputation points: 32658 Zach's Avatar
    Join Date
    Nov 2013
    Posts
    1,733

    WBL can facilitate this type of transaction.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

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