Results 1 to 9 of 9
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06-20-2018, 10:47 AM #1
- Join Date
- Dec 2017
- Posts
- 277
Consolidation Deal
Hi,
The merchant owns a restaurant located in Illinois and has 3 advances. He is looking to consolidate the 3 advances in order to lower his payments.
Credit score: 720.
Average monthly revenue: $36K.
The average number of deposits per month: 55.
Time in business: Since 2015.
Ownership: 100%.
Existing balances:
1. $10K - $243 daily.
2. $5K - $179 daily.
3. $6K - $130 daily.
Breakout offered a $20K consolidation term loan with a weekly payment of $639 for 9 months at a 1.24-factor rate. The problem is they only consolidate up to 2 positions. I am seeking a lender who would consolidate all 3 positions for about the same dollar amount. Thank you.
Michael Sla*****er
msla*****er@sla*****er.com
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06-21-2018, 11:12 AM #2
- Join Date
- May 2018
- Posts
- 36
I'd try Arcarius
Ian G. Nadjari
Managing Director
Secure #: (516) 587-0924
Email: Ian@RiverstrongCapital.com
Riverstrong Capital, Inc.
95 Wall Street
New York, NY 10005
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06-21-2018, 12:41 PM #3
- Join Date
- Oct 2015
- Location
- NYC
- Posts
- 119
Michael are you currently signed up with us? Feel free to reach out.
Kermit Tolbert
Business Developer
Arcarius
Direct-(201) 484-8548
kermit@arcariusfunding.com
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06-22-2018, 02:23 PM #4
- Join Date
- Nov 2014
- Posts
- 438
LoanMe can consolidate multiple positions. We offer longer terms 24-180 months, with low minimum monthly payments. Borrowers do not need to net anything. We can simply pay-off their existing balances. All offers based on affordability of their LoanMe monthly payments.
LoanMe Business
949-535-7798
Email: Business.Loans@LoanMe.com
www.loanme.com/SBL-partner
1900 S State College Blvd. Suite 300
Anaheim, CA 92806
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07-01-2018, 09:14 AM #5
- Join Date
- Dec 2017
- Posts
- 277
Funded! Thank you Matt and Brian from Evergreen Funding Solutions.
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07-01-2018, 10:11 AM #6
- Join Date
- Feb 2017
- Posts
- 3,455
Was it a reverse?
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07-02-2018, 02:39 PM #7
True consolidation- 3 positions
BRIAN SPAGAT
Funding Specialist
646-793-3288 (p)
646-793-3273 (f)
brian@evergreenfunders.com
evergreenfunders.com
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07-02-2018, 02:44 PM #8
Thanks Michael. Pleasure doing business!
To everyone on DF. Look in your trash and send us your dead files. We'll monetize about 20% of what you have.BRIAN SPAGAT
Funding Specialist
646-793-3288 (p)
646-793-3273 (f)
brian@evergreenfunders.com
evergreenfunders.com
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07-09-2018, 11:32 AM #9
- Join Date
- Sep 2015
- Posts
- 58
Do you net additional capital with your consolidations at funding?
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