Results 1 to 5 of 5
Hybrid View
-
01-03-2018, 04:00 PM #1
Reputation points: 3047
- Join Date
- Oct 2016
- Location
- NYC
- Posts
- 118
Consolidations - rookie question
NM
Last edited by ABC2016; 01-04-2018 at 09:37 PM.
-
01-03-2018, 04:05 PM #2
QS will pay off a second position and take the second and most of the other companies you mentioned will payoff 2 and take the first (depending on the company the merchant net % varies). That being said I dont thing anyone is paying off 3 positions to take the first out of these companies. When you get up to 3 positions now start becoming consolidations and then the terms and the rates are not what these top tier banks offer.
John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
-
01-03-2018, 04:40 PM #3
Reputation points: 198007
- Join Date
- Mar 2017
- Location
- Nunya
- Posts
- 830
-
01-03-2018, 04:20 PM #4
Reputation points: 179851
- Join Date
- Jun 2017
- Posts
- 2,049
Iou
-
01-03-2018, 07:13 PM #5
Reputation points: 50583
- Join Date
- Jul 2014
- Location
- Online
- Posts
- 965
Depends on the following:
When was the last funding
Who is getting paid off
How much is being paid off
How much are they netting
They obviously couldn't get the right amount the first time so your roster will probably see 3 as super high risk to pay off unless he is netting more than 70%Amanda Kingsley
DailyFunder: WhoisKingsley
This is me. https://www.facebook.com/whoiskingsley
I am Here too. https://www.facebook.com/groups/TheClosersGroup
Always Live and Lead with Integrity.
Similar Threads
-
MCA Consolidations
By It's A Wonderful ISO in forum Merchant Cash AdvanceReplies: 38Last Post: 03-05-2017, 01:31 AM -
Consolidations
By DfrankFunder in forum Merchant Cash AdvanceReplies: 32Last Post: 11-30-2016, 12:25 PM -
Consolidations!
By AdvanceFund in forum Deal BinReplies: 3Last Post: 10-26-2016, 09:37 PM -
Who's doing consolidations?
By ADiamond in forum Merchant Cash AdvanceReplies: 44Last Post: 05-09-2016, 04:46 PM -
MCA Consolidations
By dpFund in forum Merchant Cash AdvanceReplies: 0Last Post: 09-16-2015, 01:05 PM