Tough consolidation
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  1. #1

    Tough consolidation

    Merchant has four positions. Two are in consolidation.
    20k in revenue Balances total 32k. Looking to consolidate all four. Statements are strong as to daily balance and no nsf.
    any help for this guy? Industry is wholesale beauty products

  2. #2
    Senior Member Reputation points: 258
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    Jun 2017
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    Only way to get this done is if the client has collateral. If there is enough equity in a property that he owns, I would be happy to assist.

    Mike Bernier
    Branch Manager

    World Business Lenders
    2600 Berlin Tpke, 2nd Floor
    Newington, CT 06111

    Direct: (860) 436.5920
    Main: (888) 441.9500 ext. 5333
    Fax: (860) 956.6073
    Mike@wbl.com

  3. #3
    wholesaler, you should factor their invoices if they have any that would be best option.

  4. #4
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    Quote Originally Posted by steve funder View Post
    Merchant has four positions. Two are in consolidation.
    20k in revenue Balances total 32k. Looking to consolidate all four. Statements are strong as to daily balance and no nsf.
    any help for this guy? Industry is wholesale beauty products
    What does "Two are in Consolidation Mean"? If they were consolidated it would be one.... If it's a reverse consolidation why just 2? Did they fund after the reverse?

    I don't understand what this means.

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