[Don Dolla]

anybody

[gaxisa]

PAR funding. Been doing some sick ones with them lately.

[Funder Mark]

Call me

Mark Fuchs
ISO Relations, Fundkite
o: 929-999-6400 | c: 862-571-3891
mark.f@fundkite.com | 212-952-0001, ext 1018

[Nikkiclean06]

Par is good but that 60 day Clawback dont work for me. There regular deals to are 60 day clawbacks with an 88 day term. So basically praying the guy pays for whole term (screw that )
ML Factors has done me good as well as Smarter Merchant....

[abfunders]

Does someone actually have an ISO agreement with Par? I might have a file I need to submit to them. California, 530 FICO, Loanme default, over-leveraged.....

[Funder Mark]

Par is good but that 60 day Clawback dont work for me. There regular deals to are 60 day clawbacks with an 88 day term. So basically praying the guy pays for whole term (screw that )
ML Factors has done me good as well as Smarter Merchant....

60 days seems excessive to me, at Fundkite our clawback is for 30 days, and that applies to the consolidations, not just regular deals.

[mcaguru]

Were is Boris sounds like a Movie title (and no i don't know Boris)

[Sachip24]

but Par is only one I have dealt with that can give money on top to give merchant extra capital on top of reverse consolidation and they are only ones that can give ridiculously high offers. We have had multiple 1m+ offers from par on their reverses.

[Funder Mark]

but Par is only one I have dealt with that can give money on top to give merchant extra capital on top of reverse consolidation and they are only ones that can give ridiculously high offers. We have had multiple 1m+ offers from par on their reverses.

As long as the terms work, Fundkite can offer $1M+ as a reverse, biggest I had so far was $770k

[ryan $]

Does someone actually have an ISO agreement with Par? I might have a file I need to submit to them. California, 530 FICO, Loanme default, over-leveraged.....

We do.

But this sounds familiar, may have it already.

[Nikkiclean06]

60 days seems excessive to me, at Fundkite our clawback is for 30 days, and that applies to the consolidations, not just regular deals.

super excessive. might as well hold the guys hand for the full 88 days...

[mcaguru]

If i was holding Clawback for life of deal --- I would expect ISO's to want 25% commissions

[555capfunding]

looking $2mm reverse consolidation

[abfunders]

looking $2mm reverse consolidation

YOU are looking for a reverse, or the CLIENT is looking for a reverse?
$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.

[Sachip24]

looking $2mm reverse consolidation

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.

[Ryan24Capital]

If you want to message me or give me a call, I can review your financials and can potentially offer various in-house reverse consolidation packages. Let me know.

Ryan Hickey
Account Manager
24 Capital
Ryan@24capital.com
646-787-5753

[KINGCASH]

Might have a story to tell.. Stay tuned