[FunderGal]

Which lenders do Reverse Consolidations? Thanks in Advance!

[ryan $]

ML, Mesa, Fundamental, Fundkite, Arcarius, Cash Village GFE

[AdvanceFund]

ML, Mesa, Fundamental, Fundkite, Arcarius, Cash Village GFE

Thanks Ryan.

[mbernier]

We offer Reverse Consolidations as long as the client is doing over $250K/month and hasn't received funding in the last 60 days. However, if the client is in a bad situation, we can consolidate all of their advances and put them into a first position with cash out if they have collateral. To discuss our programs further, please feel free to PM me or send me an email direct: mikeb@grandcapitalfunding.com

[FunderGal]

Thanks Guys, I appreciate it!

[MidnightAdvance]

I don't understand how these companies enforce reverse consolidation contracts.

[WestCoastFunding]

We offer Reverse Consolidations as long as the client is doing over $250K/month and hasn't received funding in the last 60 days. However, if the client is in a bad situation, we can consolidate all of their advances and put them into a first position with cash out if they have collateral. To discuss our programs further, please feel free to PM me or send me an email direct: mikeb@grandcapitalfunding.com

Is "Grand Capital Funding" also known as "Lendini"?

[WestCoastFunding]

I don't understand how these companies enforce reverse consolidation contracts.

I picture merchants using reverse consolidations for a month or so until they need more money, and then stop with the reverse consolidation payments as they stack another advance.

Do reverse consolidators use COJs?

[ryan $]

In my experience reverse consolidations work. The merchant becomes dependent on the weekly deposit.

They are enforced same as reg contracts.

[MidnightAdvance]

How do you explain it to a judge, that you "bought receivables, without buying it, but you are collecting it while you're buying it"?......

[ryan $]

How do you explain it to a judge, that you "bought receivables, without buying it, but you are collecting it while you're buying it"?......

Student Loans have Disbursement Schedules....

That's like saying how do you explain that? The agreement is still the same. Just because all the fund are not Given all at once..... seems negligible .... but that's just me.

They Disburse then collect. They never collect without giving Funds... that's silly.

In what scenario did they Collect while not Buying? Even in Micro terms (weekly)

It's the same agreement. Just Deposited over time.

[ryan $]

Furthermore, It's the ability to not think outside the box....which haunts this Industry.

Also, Reverse Consolidations are great. Spectacular IMO. Funding the Unfundable...New rev stream....yes please.

[FunderGal]

It would make sense to think outside the box considering an Cash Advance is an out of the box product....