Quote Originally Posted by alibaba View Post
currently have a merchant that was funded 30k last week with a weekly payment. Now they are requesting to want to pay it off and net 30-40k. merchant averages 80k monthly. seeking a direct lender that can do this or possibly provide a second position weekly offer.
LoanMe can take a look at this. We are a direct lender (100% is funded in house). We take 2nd position an can offer borrowers up to 2x their gross monthly business income up to $100k. With the deposit number you mentioned above the borrower could be able to get an offer high enough, which would allow them to use our funds to pay their $30k (1st position) off on their own after our funding. We only offer MONTHLY payments not weekly. If this sounds like something that could work for you and your borrower give us a call.