Second Position Lenders behind 3 year On deck Term
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  1. #1

    Second Position Lenders behind 3 year On deck Term

    Merchant has a 3 year On deck Advance.
    Any lenders willing to do 1 year second position term.

    Thanks,
    Nash

  2. #2
    Strategic can get this done. PM with the merchants volume, current balance and your contact info.

  3. #3
    Quote Originally Posted by nass15 View Post
    Merchant has a 3 year On deck Advance.
    Any lenders willing to do 1 year second position term.

    Thanks,
    Nash
    I can get this done. Give me a call.


    Phil Tabbi
    Elevation Capital LLC
    516-387-6641

  4. #4
    I can get this done but i'd like to ask a few questions.
    Please reach out
    potheguy@nationalbusinesscapital.com
    ty

  5. #5
    Member Reputation points: 1024 Funder_Abe's Avatar
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    Depends on the industry I might be able to do a 12 month term, but I can definitely go up 10 months, offer a weekly payment option, and offer a generous pre-payment discount. Give me a call or email.

  6. #6
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    didnt know OD went out 3 years sheesh

  7. #7
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    Second Position Lenders behind 3 year On deck Term

    IOU and QS

  8. #8
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    Quote Originally Posted by Sachip24 View Post
    didnt know OD went out 3 years sheesh
    Neither did I. Would love to see that contract

  9. #9
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    Quote Originally Posted by NoBigDeal View Post
    Neither did I. Would love to see that contract
    you wont . its online checkout only for that product .

  10. #10
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    Quote Originally Posted by Michael I View Post
    you wont . its online checkout only for that product .

  11. #11
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    Hi Nash,

    How much was he funded by On Deck? Sounds like a very easy deal and the ONLY stips I would need would be a driver's license, void check, and business license, nothing more. I will fund this in 1 day and will work with you on terms too, it WILL NOT be a 60-100 day deal. I can certainly do much better than that behind a 3 year On Deck deal. If you are not already set up with a rep over here at Yellowstone, please feel free to reach out to discuss your deal in further detail.

    Anthony Saracino
    Senior Funding Coordinator
    Yellowstone Capital LLC
    Direct: (516)-282-0933
    Fax: (646)-403-3092
    Cell: (201)-523-2596
    Asaracino@Yellowstonecap.com

  12. #12
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    Quote Originally Posted by nass15 View Post
    Merchant has a 3 year On deck Advance.
    Any lenders willing to do 1 year second position term.

    Thanks,
    Nash
    Happy to help you here.

  13. #13
    Senior Member Reputation points: 32658 Zach's Avatar
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    WBL can lend 2-3X the borrower's gross monthly deposit volume for multiple-year terms, even in second or third position.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

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