Consolidation Loan Needed
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  1. #1

    Consolidation Loan Needed

    I have a construction company client that currently has 4 outstanding advances. He has excellent credit and averages about 125k per month in deposits. Has great daily balances (around 40k) Owes about 80k on first position deal and about another 30k on the other 3 combined for a total of about 110k.

  2. #2
    LoanMe offers monthly payment term loans from $3,500 to $250,000. Minimum FICO 500, Minimum TIB 90 days. Multiple positions ok, final approvals based on affordability, not strictly revenue or deposits. We can work with all "For-Profit" Industries. Give us a call 949-535-7798
    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

  3. #3
    Senior Member Reputation points: 227883
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    Feb 2017
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    3,450

    What does "excellent" credit mean? Why is he taking so many MCAs if his credit is so good?
    I'm right now doing a nice $70,000-100,000 consolidation for a client who's spouse has excellent credit, through 0 APR card stacking.

  4. #4
    Senior Member Reputation points: 68233
    Join Date
    Dec 2014
    Location
    Quogue, NY
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    1,108

    This week we successfully consolidated 5 positions (including a reverse consolidation) for a Midwest Retailer- saving the Merchant over $30k per month. Credit was low 600's. Had we not assisted the client would have most certainly gone out of business- as they were not able to purchase inventory.

    Another Client this week consolidated 2 positions, netting the nearly 100k while saving them approximately 5k per month with a 3 year 140k loan at 13.99% (FICO 645).

    Lastly(again this week) we assisted a client who was 3 months late on their payments to our friends at Liftforward (and other State/Federal Tax debt)- with a $1,250,000 Bridge Loan- saving them over $35k per month.

    We are happy to assist on your stacked- perceived dead files. In many instances there are ways to get them consolidated LEGITIMATELY.

    rg@businesscapitalconsultants.com

    Richard 516 510 3855 Direct
    Last edited by RichardGerard; 09-17-2018 at 07:24 AM. Reason: FICO score

  5. #5
    Senior Member Reputation points: 2271
    Join Date
    Nov 2017
    Posts
    153

    Does loan me Fund in Montana?

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