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02-02-2018, 04:39 PM #17Senior Member
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It depends on some factors young funder.
Originally Posted by kbeck1818
How many positions? Most funders on a consolidation will pay two Funders off. Now that is for the A grade lenders. You may find some that may pay off 3 the most.
On a reverse consolidation it's a bit different.
Answer the following for help:
How many positions and what are the balances?
Industry Type
How many years in business?
Merchant FICO?
Is this a home base or store front?
Monthly Deposits, how many?
Monthly Deposits, in revenue?
Daily ledger balance?
Another golden bullet is to have merchant request payment history from each funder they have a balance with.
Stellar payment history holds a lot of weight!!!Disclaimer
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