Third Position deal
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  1. #1

    Third Position deal

    Any funders doing 3rd position - 9 months terms?

    $1,000,000/month
    $450k total balances

    Is there any funder that might be able to do a 8-9 month third position 1.30 buy rate?

  2. #2
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    Third Position deal

    I can probably go out 6 months here with an aggressive funding amount pending their ending daily balances. Should be a 6 figure offer and the only stips will be DL VC BL. If you're not currently set up with a rep here at Yellowstone, please feel free to reach out.
    Last edited by Anthony@torro; 03-14-2017 at 02:53 AM.

  3. #3
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    Quote Originally Posted by Anthony@yellowstone View Post
    I can probably go out 6 months here with an aggressive funding amount pending their ending daily balances. Should be a 6 figure offer and the only stips will be DL VC BL. If you're not currently set up with a rep here at Yellowstone, please feel free to reach out.
    Would the BR be 1.30? Would you not require a COJ as well? That's one stip that could actually kill a deal and should be mentioned IMO.

  4. #4
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    Quote Originally Posted by WayUp View Post
    Any funders doing 3rd position - 9 months terms?

    $1,000,000/month
    $450k total balances

    Is there any funder that might be able to do a 8-9 month third position 1.30 buy rate?
    WayUp,

    What industry?
    Do they currently have a line with a bank or factoring with a finance company?

    Kevin
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  5. #5
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Wall Funding loves high quality 3rd positions!! Buy rate is 100% doable, we would require a COJ, and 6 months is not a problem either. BIG 6 figure offers can be funded on qualifying deals, reach out, lets talk!!

  6. #6
    Senior Member Reputation points: 54989
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    Cresthill.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    ——————————————————————————
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  7. #7
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    Quote Originally Posted by WayUp View Post
    Any funders doing 3rd position - 9 months terms?

    $1,000,000/month
    $450k total balances

    Is there any funder that might be able to do a 8-9 month third position 1.30 buy rate?
    King's Cash is your best bet.

  8. #8
    Senior Member Reputation points: 32658 Zach's Avatar
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    WBL can structure a 3rd position deal with a multiple-year term length. Working on a $700K 3rd over 24 months right now.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  9. #9
    How much is the merchant looking for? PM me I can most likely get this done.

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