Results 1 to 17 of 17
Hybrid View
-
08-07-2018, 02:51 PM #1Noob
Reputation points: 10
- Join Date
- Jul 2017
- Posts
- 1
looking $2mm reverse consolidation
-
08-07-2018, 03:50 PM #2Senior Member
Reputation points: 242074
- Join Date
- Feb 2017
- Posts
- 3,463
YOU are looking for a reverse, or the CLIENT is looking for a reverse?
Originally Posted by 555capfunding
$2mm debt on debt means that the client is likely doing real numbers.
Can you "sell" a $2mm reverse, or would you rather have a long-term relationship with the business and get him a proper business loan?
Don't let the owner default - Figure out what collateral there is and use it.
-
08-07-2018, 06:04 PM #3Senior Member
Reputation points: 203963
- Join Date
- Jan 2014
- Posts
- 1,380
2mm @ 1.5-6 thats a default waiting to happen. With those types of deposits I can almost guarantee there are better solutions for your client that putting him in more debt. If you elaborate more on the details im sure people can point you in the right direction. Originally Posted by 555capfunding
Reply With QuoteSimilar Threads
-
Reverse Consolidations?? What is this .....?
By TheShitzuofMCA in forum Merchant Cash AdvanceReplies: 49Last Post: 01-03-2019, 11:56 AM -
Reverse Consolidations are they Real.
By wallerbusiness in forum Merchant Cash AdvanceReplies: 4Last Post: 02-06-2018, 11:35 AM -
Reverse Consolidations which direct lenders can actually go over $1,000,000 on these
By Sachip24 in forum Merchant Cash AdvanceReplies: 26Last Post: 10-03-2017, 11:23 AM
