[J.Celifarco]

I guess.

Can you at least tell me if they pay upfront, or do they pay as they fund account weekly like some reverse companies

upfront

[Kevin Henry-Seacoast]

Every deal I have with good Invoices all do business overseas. And I cant get anything done. WHo can touch Companies that do business overseas?

Ryan-Bibby Financial does foreign factoring depending on country and so does Sumar Financial in Miami.

[WhoisKingsley]

Most over 3+ stack advances have been shopped so many times that NOW when they need a break they beg the next Broker to help them- not knowing it's such a small world behind the curtain.

It's more than just "who can fund" it's Who funded them? When were they funded? why? Will they do it again?

[patrickw]

This guy only has about $126,000 of AR that's factorable and he doesn't want to factor. He'll be out of the MCA debt in a month from internal sales, so I was "chasing my tail."

THANKS EVERYONE>

[AdvanceFund]

Hard money is your best bet. Does he own any real estate outright?

[RichardGerard]

Consolidating 5 positions with a real credit facility (not a factor rate) depends on the nuances of the business and the financials. Kevin and his group are Pros- to say the least.

There are situations when the client is not an ABL candidate however. I have consolidated as many as 14 positions. Understanding what to do with the file- swiftly- is often the difference between keeping or losing the client..

As for overseas/international AR Ryan $: feel free to give me a call for a recommendation (516-510-3855)..

RG

www.businesscapitalconsultants.com

rg@businesscapitalconsultants.com

[Cfairbank]

Hi I have a merchant having 5 open advances paying 3,632 per day. Credit around 650 monthly deposit around 200k. Business nature is wholesale distribution.

So this merchant wants 150-200k for 24-36 months. Need your suggestions what can I do here?


Also I often receive deals having 3-5 open advances, what's the best thing I can do with those? Any Lender?

NO REVERSE PLZ

Try our FactorAdvantage, folks. Truly no max positions (we’ve done at least 8 MCAs), ZERO NET REQUIRED, and no minimum fico (we’ve given 640k zero be in to a 470. APRs on this product are similar to rates on credit cards.

This product does not exist elsewhere, and it is not factoring OR asset-based lending. But biz needs to be B2B or G2B (sub or prime, doesn’t matter).

More to come, but we are finally releasing this to select brokers. It’s a killer product that we have only distributed through strategic partners until now.

[Sachip24]

This has ABL line of credit written all over it.. that is your best option.