Second funders, stackers who charge something other than a 1.45

**skideeppow** · 05-07-2014, 11:11 AM

WHo is doing seconds and not charging a 1.45 and higher. Anyone out there doing something closer to 1.30?
Let me know.

**Ryan Shiroky** · 05-07-2014, 11:13 AM

Everest....

**businessgrowthcapital** · 05-07-2014, 11:32 AM

We are launching a new product this week with factor rates substantially lower than that. I strongly encourage you to inquire about this. Please message me for my number.

**skideeppow** · 05-07-2014, 11:46 AM

you have contact number?

**Franklin** · 05-07-2014, 01:34 PM

I heard this was a good one,

stackinglikeachamp@gmail.com

**Finance1** · 05-07-2014, 01:59 PM

IOU is the best 2nd position I know of but obviously not the easiest to qualify with. Their only rule is the 1st position mca/loan must be 90 days old.

**ADiamond** · 05-07-2014, 02:34 PM

Originally Posted by businessgrowthcapital

We are launching a new product this week with factor rates substantially lower than that.

And what product is this?

**mfs01** · 05-07-2014, 02:55 PM

MFS Global offers a 1.45 factor on second and third positions with a one year term.
up to 200% of monthly cc processing volume or up to 150% of total monthly revenue.

Contact us for more details about this product.

isosupport@mfsglobal.com

**Sam MBC** · 05-07-2014, 05:20 PM

We are getting them done at or
better than first position rates, Still earning 5% of funded. Call or email me to inquire

Sam@momentumbusinesscapital.com
212.444.1320x200

**cashguy** · 05-07-2014, 06:07 PM

Bull**** has anybody closed a deal with Mfs here like that.

**Ryan Shiroky** · 05-08-2014, 08:55 AM

shots fired...

**CpepeWBL** · 05-08-2014, 09:43 AM

We have 6 and 9 month second positions available. Please email me at cpepe@wbl.com for more information.

**Ryan Shiroky** · 05-08-2014, 10:14 AM

can anyone say "over extended with 4:1 collateralization...."????

**mfs01** · 05-08-2014, 11:19 AM

I forgot to mention that we are offering those 2nd and 3rd position advances and also paying 20% commissions.

**halasniks** · 05-08-2014, 12:51 PM

Payroll financing solutions is doing second positions at factors of 1.30-1.49 based on quality of your client. 8% commission. Great company to work with. You deal directly with owners who are straight shooters and move fast.
Www.fundmypayroll.com
862-207-4118

**Fast Anthony** · 05-20-2014, 11:15 AM

Fast Advance will review files for 2nd, and 3rd positions. Our rates are competitive. Call Anthony @ 215.642.0686

**CpepeWBL** · 05-20-2014, 11:46 AM

We have cheaper than 1.45 second positions over 6 months

Feel free to shoot me an email at cpepe@wbl.com

**Jared_Weitz** · 05-20-2014, 12:07 PM

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.

**AndyYSCISOdept** · 05-22-2014, 09:52 AM

Jared - If you submit a second and you tell me what FR you need we can underwrite it accordingly.

Shoot me a PM or an email amcdonald@yellowstonecapllc.com

**Ryan Shiroky** · 05-22-2014, 10:18 AM

Originally Posted by mfs01

I forgot to mention that we are offering those 2nd and 3rd position advances and also paying 20% commissions.

mfs01, is that 20% on the funded amount?

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