We are now funding in Canada; we require 4 months of bank statements and an application to underwrite the deal.
We are offering 1st – 3rd positions in Canada, up to 6 months. CA deals are funded in Canadian dollars, and commissions are paid in American dollars.
We can fund in all 50 states as well, 1st-6th positions, we only need 3 months bank and an application to underwrite US based deals.
We will fund 1st-6th position deals via ach and split, and we also do some consolidation deals. Max term on our unsecured product is 15 mos on non-consolidations (soon to be 18 months), but we like to keep it 12 months and under, and our max deal size is 2mm. Most lenders in the space have funding limits, and we don’t for the most part, so we attract a lot of 150k+ deals on 1st-3rd positions. Another benefit is our long term 2nd positions, up to 12 months, though our biggest program is 4-9 months.
Being that we are a boutique shop, our guidelines are loose, and we are very consultative with our approach. I am more than available for a call if you would like to discuss our programs in further detail so that we can kickstart this relationship together. I can be reached directly at 954.907.3612 at any time. We very much look forward to working with you!