straight consolidation
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  1. #1

    straight consolidation

    Been hearing that there are a few companies doing straight consolidation of a 4+ advances with no cash out. We see these all the time but usually just put them in the turn downs

  2. #2
    What companies are doing that?

  3. #3
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    i haven't heard of anyone doing anything like that

  4. #4
    If there is collateral available, we will do these consolidation loans and the borrower doesn't have to net a minimum.

  5. #5
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    I've heard ARF (Advanced Restaurant Financing) but can't confirm

  6. #6
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    I've done a few with Fusion Capital, they won't do that high of a total amount though. I believe up to 25k they can consolidate.

  7. #7
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    We can consolidate deals with no max dollar amount as long the merchant can net 40%.

  8. #8
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    straight consolidation

    Hello! I can consolidate. NOTE- I cannot give full details for legal purposes until our program line is released BUT they DO NOT have to net 40% or more. Each file is done on a case by case basis. I have consolidated up to 3 stacks, 4 brought to 2 and stretched out terms and worked with UW and lenders to get FILES DONE! Email me amanda@source1cap.com
    Amanda Kingsley
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  9. #9
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    straight consolidation

    As for no cash out- sometimes they net the actual amount they request! I specialize in "common sense" lending, clear answers (yes and no), and helping brokers and sales agents conquer the world. Well... Their own world
    Amanda Kingsley
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    This is me. https://www.facebook.com/whoiskingsley
    I am Here too. https://www.facebook.com/groups/TheClosersGroup

    Always Live and Lead with Integrity.

  10. #10
    Member Reputation points: 44 JeffMulford's Avatar
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    straight consolidation

    Amanda please pm with an phone number I have two files I would like to discuss with you. regards.



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