[Sachip24]

Every reverse consolidation offer comes with a 1.27 buy rate, and around 130 days.

is there any instance where you can go past 6 months? 9-12 maybe or all offers are 6 months max?

[Funder Mark]

is there any instance where you can go past 6 months? 9-12 maybe or all offers are 6 months max?

Coming soon!!

[Sachip24]

Coming soon!!

OK keep us posted, ive spoken with Joe couple times in the past over some possible prospects but they were just into deep. Have another im thinking of sending so wanted to know about term length. Thanks.

[CraaaCraaa Radio]

OK keep us posted, ive spoken with Joe couple times in the past over some possible prospects but they were just into deep. Have another im thinking of sending so wanted to know about term length. Thanks.

I always say each file has its own specific pros and cons but most importantly, every file can find a home if you know what Funders are doing what programs with the specific guidelines.

[Lendvo]

is there any instance where you can go past 6 months? 9-12 maybe or all offers are 6 months max?

we commonly go 8-11 months on our zero-net consolidation program.

Again it is hard to qualify for but if you've got a solid merchant with good banks its a much better option than a reverse for you and your client.

[CraaaCraaa Radio]

we commonly go 8-11 months on our zero-net consolidation program.

Again it is hard to qualify for but if you've got a solid merchant with good banks its a much better option than a reverse for you and your client.

Lendvo

Isn't the whole purpose of a reverse is because merchant can't qualify for full consolidation with 3 or 4 existing positions? Basically it's a way out on the reverse and basically having the funder disburse the total weekly obligation to merchant business account for all positions to be covered and paid for daily. It is literally a fresh start program, and it works!!!

Funders want to pay off two positions max on most occasion, but to pay 3 or 4 balances is tough on the funder. Especially when the merchant will just go and stack again!!!!

How many balances will Lendvo pay off?

[HDF]

How many balances will Lendvo pay off?

I think in Lendvo's case on a straight consolidation, they are more concerned that the balances are a maximum of 80% off the gross. Really an A-paper play, but a good one if qualified.

[CraaaCraaa Radio]

I think in Lendvo's case on a straight consolidation, they are more concerned that the balances are a maximum of 80% off the gross. Really an A-paper play, but a good one if qualified.

Makes sense HDF. Reason I am asking how many positions will Lendvo payoff on consolidation is because I already know the answer!!! I just want to see if the member will post it and reply. In the end when a merchant is over leveraged with positions 3 4 5, first thing is find out what the balances are on each position and find out what the original advance amount was? Once you have that info send the file to

Premier Capital Funding
Fundkite
Par Funding

[Lendvo]

Makes sense HDF. Reason I am asking how many positions will Lendvo payoff on consolidation is because I already know the answer!!! I just want to see if the member will post it and reply. In the end when a merchant is over leveraged with positions 3 4 5, first thing is find out what the balances are on each position and find out what the original advance amount was? Once you have that info send the file to

Premier Capital Funding
Fundkite
Par Funding

We have no limit on number of positions, maybe someone whose worked with us can verify their experience? We've paid off as many as 7 I believe. We care that the total balances due are no more than 80% of the ave monthly deposits rather than number of positions.

It is true most of the apps for consolidations we see we decline. However, our point is that try to work with a full consolidation, no-net, longer term lender FIRST. Seems the vast majority of reps go straight to the perverse consolidation before trying for a full no-net consolidation.

[CraaaCraaa Radio]

We have no limit on number of positions, maybe someone whose worked with us can verify their experience? We've paid off as many as 7 I believe. We care that the total balances due are no more than 80% of the ave monthly deposits rather than number of positions.

It is true most of the apps for consolidations we see we decline. However, our point is that try to work with a full consolidation, no-net, longer term lender FIRST. Seems the vast majority of reps go straight to the perverse consolidation before trying for a full no-net consolidation.

What is the commission % for the ISO on the submitted deal for consolidation?

7 positions Lendvo has paid off on a consolidation before?

[Sachip24]

We have no limit on number of positions, maybe someone whose worked with us can verify their experience? We've paid off as many as 7 I believe. We care that the total balances due are no more than 80% of the ave monthly deposits rather than number of positions.

It is true most of the apps for consolidations we see we decline. However, our point is that try to work with a full consolidation, no-net, longer term lender FIRST. Seems the vast majority of reps go straight to the perverse consolidation before trying for a full no-net consolidation.

if merchant got funded within last 30 days but still meets that 80% criteria will it fly or get declined?

[Sachip24]

We have no limit on number of positions, maybe someone whose worked with us can verify their experience? We've paid off as many as 7 I believe. We care that the total balances due are no more than 80% of the ave monthly deposits rather than number of positions.

It is true most of the apps for consolidations we see we decline. However, our point is that try to work with a full consolidation, no-net, longer term lender FIRST. Seems the vast majority of reps go straight to the perverse consolidation before trying for a full no-net consolidation.

what is your max loan amount? website if its right one im looking at states up to $100,000 only? is that correct?