[clear2close]

got a client who has a 1st for 15( 80% paid) and a 2nd for 22( just took yesterday)....totall payback on both is about 50

and he still has room for more cash too ....


im looking for some who will buy out both positions and give him some cash??????????????????????????????????????

( good credit, 700k in rev in statements 320 in cc rest in deposits , no negatives )

please advise

[mdk72002]

Hey Buddy. I would be happy to take a look at the deal. Please PM me the specifics.

[mfs01]

We may be able to approve them for a third position if the numbers make sense - this way the merchant doesn't have to pay interest on interest (by paying off the first two positions out of the new advance)

MFS Global, Inc.
isosupport@mfsglobal.com
702-473-1145

[mdk72002]

.... I would not want the merchant to pay interest on interest, however I think a third position deal is just ridiculous.

[Ryan Shiroky]

.... I would not want the merchant to pay interest on interest, however i think a third position deal is just ridiculous.

good man!

.......

[clear2close]

the question is will anyone buyout the 1st and 2nd positions ...not if you feel like the guy should pay the interest ....

this is what the guy wants ..this is what i will give him

any takers???????

[funding pro]

This sounds like a home run deal! Guy just got $22k yesterday and needs more money? But dont worry folks, he's got room for more cash so its fine. Also, no one should take out more than one position. The reason being, if I am a funding company, why would I cut a check to a stacking company to pay them off and accelerate their receivables, just for them to then stack behind me again?

[MCNetwork]

The numbers don't work for refinancing. 320k per year in cc is 26k a month so the most he can get is 50k on a cc deal. For an ACH deal, the most he can get is 10% of gross or 70k. No one can refinance him until his outstanding balance for both advances is around 25-30k. Your best bet is a third position stacker lol.

[JSL23]

The numbers don't work for refinancing. 320k per year in cc is 26k a month so the most he can get is 50k on a cc deal. For an ACH deal, the most he can get is 10% of gross or 70k. No one can refinance him until his outstanding balance for both advances is around 25-30k. Your best bet is a third position stacker lol.

It sounds like he is almost there-80% done with the $15,000 and the $22,000 is new, but if the Merchant is willing, it can probably be done in 1-3 weeks. 3rd position wouldn't do much for the Merchant, the Lender or the Broker. Maybe just wait for the $15,000 to be over if you can.

[Ryan Shiroky]

This sounds like a home run deal! Guy just got $22k yesterday and needs more money? But dont worry folks, he's got room for more cash so its fine. Also, no one should take out more than one position. The reason being, if I am a funding company, why would I cut a check to a stacking company to pay them off and accelerate their receivables, just for them to then stack behind me again?

LOL... dripping with sarcasm... "but dont worry folks..." that had me laughing HARD...

[businessgrowthcapital]

My company Specializes in Stacked positions. Give me a call. We could probably help you out here! 855-565-grow (4769) ext 32

[Chambo]

"specializes in Stacked Positions"....the patients are running the asylum

[Ryan Shiroky]

"specializes in Stacked Positions"....the patients are running the asylum

that is classic!

[Joseph Esparza]

Clear-to-close - welcome back, I see you met the gang. The initiation hurts a bit, but now you got your colors.

[ADiamond]

I remember My initiation. It hurt so bad that I stopped posting and started reading.

[Ryan Shiroky]

I am kind of amazed that a funding company would announce that they are stackers, ("2nd, 3rd and even 4th positions")... If it was me, I would keep that sh*t on the LOW... and let reps know individually as they board with me... comments? ideas?

[funding pro]

Most likely they are a broker and not funding the deals. I feel like most of the "shoot me an email" posts are from brokers, not funding companies.

[clear2close]

it takes a little more than that to keep me quiet......

lets make MONEY!!!!!!!!!!!!!!!!!!!!!!!

[Regium]

"specializes in Stacked Positions"....the patients are running the asylum

Hahahaha
A+ for creativity!

[bruce@bdfunding.com]

Clear 2 Close, good morning. E-mail me at bruce@bdfunding.com or call me at 212-444-9901, ext 217. Likely can do, but need to speak with you for more info.

[Dov]

pm me details as well.

[JeffMulford]

We would love the opportunity to look at the file. Please Contact tina@samsonpartnersllc.com