There are a bunch of funders (not the ones who pop up overnight) that offer 2nd position deals lower than a 1.45, please feel free to reach out to me Jared@unitedcapitalsource.com for more info. We are a broker/lender. In general I think it's best practice to fund deals with companies who have good systems and have been around a while as well as those who offer rates that don't gauge a merchants.