[Sachip24]

any direct lenders actually go over 1 million on these?

[WestCoastFunding]

any direct lenders actually go over 1 million on these?

Who are the main players that do this? I've never done one before.

[WestCoastFunding]

any direct lenders actually go over 1 million on these?

Who are the main players that do consolidations? I've never done one before.

[Kevin Henry-Seacoast]

Who are the main players that do consolidations? I've never done one before.

WestCoast-I have done them, but did so by refinancing all the advances and smaller loans with a factoring facility. The last one I did the Company had a small line with their bank (500K) and 3 advances totaling 330K. The Company had $1.5Mil in AR outstanding. Their bank would not increase the line due to the age of the business and rapid growth so they took out cash advances. We offered a $2mil revolving facility that cleaned up the advances, paid off the small bank line, and provided a revolving facility going forward. I have also done one where a company was factoring and took two advances. The factor was not willing to finance their inventory hence the reason they took advances. We offered a revolving facility on AR and Inventory. We cleaned up the advances and saved the Company a lot of money on their factoring fees. Both deals were referred to us by cash advance brokers who never did a factoring deal before.....

[funding pro]

Sorry but I'm stupid. What's the difference between a consolidation and reverse consolidation?

[FCF Fund]

Reverse consolidations typically has a funder stage fund the payoff amounts while pulling the full amount daily for the whole deal.

For example, merchant has 10k in 3 MCA's paying $750 daily. The RC (Reverse Consolidation) would "refund" the merchant that weeks payment of $3750 (5 x $750 daily) once per week while pulling the daily on the full 10k RC.

Depending on the terms of each MCA usually there is a savings daily, but in the interim the full daily of the RC PLUS the current MCA need to be paid. Also, if his revs qualify for a higher RC plus fresh capital they can look for more funds. More or less this is the program overview, each funder has their own spin to it.

A consolidation is a just a lump sum payout to all the MCA in one shot.

[ryan $]

Sorry but I'm stupid. What's the difference between a consolidation and reverse consolidation?

Reverse consolidations have Schedules where funds are dispersed on a weekly basis to cover whatever daily payments they have. Then a Daily is withdrawn at a lower rate (goal is half).

It is done this way to decrease cash exposure. If merchant stacks, funds stop being deposited.

[ryan $]

Cash Village GFE, Mesa, ML Factors, Fundamental, Arcarius all do Reverse Consol

[Sachip24]

Cash Village GFE, Mesa, ML Factors, Fundamental, Arcarius all do Reverse Consol

do you know any of them go over a million?

[Michael I]

Cash Village GFE, Mesa, ML Factors, Fundamental, Arcarius all do Reverse Consol

Are they different they all seem to have the exact same program. i feel like one of them is the real one doing it and the rest send it to him

[Joseph Esparza]

any direct lenders actually go over 1 million on these?

Call me please...917.364.0839

[NickHubbard]

Try Nick Gildea over at Cast Capital. He said they can do over $1M.

nick@castcapitalfunding.com

[WestCoastFunding]

Are they different they all seem to have the exact same program. i feel like one of them is the real one doing it and the rest send it to him

Yep. Aren't these all white labeling "funders"?

[rockingfunder]

Yep. Aren't these all white labeling "funders"?

Arcarius is direct

[ryan $]

Yep. Aren't these all white labeling "funders"?

Ive Submitted files to all Listed.... Different Offers / Declines across board. White Labeling usually consists of just a Logo or something added to the contract. All the contracts are different. I've seen white labeled contracts, they aren't hard to spot. We have white labeled Integrity Statements.... It still says Integrity on the Statements.

[nrh1lp]

ML will do a million, not sure if they will do that on a reverse consolidation though... You are asking for a lot here unless there is coll...

[ryan $]

ML will do a million, not sure if they will do that on a reverse consolidation though... You are asking for a lot here unless there is coll...

That makes no sense. The risk is less with a reverse consolidation vs funding all at once.

[nrh1lp]

^ you should probably learn how to asses risk

[ryan $]

^ you should probably learn how to asses risk

Scenario 1 - I give you 20,000 all at once.

Scenario 2 - I give you 20,000 over the same Term as Scenario #1 except in Increments (While Collecting 50% Of what I put out weekly - back from you) and If at any time you bounce my payments or borrow money from someone else I stop giving you the remaining balance of the 20,000 and Collect what you Owe Outstanding on Payback (per contract) in Full.

Which is a riskier scenario for my money?

It is common sense. So ^ Someone should smarten up

Lets say in Both Scenarios, both merchants default at 45 Days In, which scenario is the higher dollar amount owed at the same Time into the Program?

Get your life together.

Cash Exposure is WAY LESS

[nrh1lp]

You still don't get it. Keep trying.

[MCNetwork]

Reverse consolidation has much less risk to the new funder than a consolidation. In a consolidation, all the other funders are paid in full and the new funder is left holding the bag. In a reverse consolidation, none of the funders need to be paid off. The new funder is only risking one week of funds at a time and can evaluate the soundness of the deal on a weekly basis. It's a nice model.

[ryan $]

You still don't get it. Keep trying.

I get it just fine. You brought up "you should learn how to asses risk" - Im not talking about Credit/Industry/Guidelines

I didn't say risk assessment - I meant strictly MY MONEY any Lenders Money. Risk/Reward is MUCH better with a Reverse. Cash Exposure is keyword.

Your an Idiot.

For my whole Scenario Post above. Merchant Defaults - Less of Funders Cash is Exposed. STacks don't Factor in to Cause bounced Payments - Funding Stops. Full Balance Owed.

It's Like YOU DON'T UNDERSTAND - but want to make points over the Term "Risk Assessment"

When I said "Risk" - Money at Risk of Losing - Period... Reverse is a better scenario.

[MCNetwork]

Maybe he meant risk of being killed by a handgun in the United States. In that case, we are all at risk.

[nrh1lp]

I get it just fine. You brought up "you should learn how to asses risk" - Im not talking about Credit/Industry/Guidelines

I didn't say risk assessment - I meant strictly MY MONEY any Lenders Money. Risk/Reward is MUCH better with a Reverse. Cash Exposure is keyword.

Your an Idiot.

For my whole Scenario Post above. Merchant Defaults - Less of Funders Cash is Exposed. STacks don't Factor in to Cause bounced Payments - Funding Stops. Full Balance Owed.

It's Like YOU DON'T UNDERSTAND - but want to make points over the Term "Risk Assessment"

When I said "Risk" - Money at Risk of Losing - Period... Reverse is a better scenario.

lol

[ryan $]

nrh1lp, you are Irrelevant - Completely. Join Date 2016. I scrolled through some of your posts - all Ignorant.

You don't know this Industry.

As Kevin O'leary would say "Your a Big Fat Nothing Burger"

Ill take that as a Win, since your only retort is "Lol" - You have recognized I have made my case, admitted you were wrong, and had nothing to say but a childish "Lol" rather than any kind of intelligent response.

Good Day.