Quote Originally Posted by Lendvo View Post
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?