Results 1 to 10 of 10
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08-09-2014, 12:07 PM #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
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08-12-2014, 09:53 AM #2
- Join Date
- Apr 2014
- Posts
- 64
What companies are doing that?
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08-12-2014, 10:18 AM #3
i haven't heard of anyone doing anything like that
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08-12-2014, 10:21 AM #4
- Join Date
- Jun 2013
- Posts
- 195
If there is collateral available, we will do these consolidation loans and the borrower doesn't have to net a minimum.
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08-14-2014, 12:03 PM #5
- Join Date
- Dec 2013
- Location
- Connecticut
- Posts
- 332
I've heard ARF (Advanced Restaurant Financing) but can't confirm
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08-15-2014, 06:56 PM #6
- Join Date
- Nov 2013
- Posts
- 600
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.
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08-19-2014, 04:03 PM #7
- Join Date
- Apr 2013
- Posts
- 245
We can consolidate deals with no max dollar amount as long the merchant can net 40%.
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08-19-2014, 07:29 PM #8
- Join Date
- Jul 2014
- Location
- Online
- Posts
- 965
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
DailyFunder: WhoisKingsley
This is me. https://www.facebook.com/whoiskingsley
I am Here too. https://www.facebook.com/groups/TheClosersGroup
Always Live and Lead with Integrity.
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08-19-2014, 07:36 PM #9
- Join Date
- Jul 2014
- Location
- Online
- Posts
- 965
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
DailyFunder: WhoisKingsley
This is me. https://www.facebook.com/whoiskingsley
I am Here too. https://www.facebook.com/groups/TheClosersGroup
Always Live and Lead with Integrity.
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08-20-2014, 07:58 AM #10
straight consolidation
Amanda please pm with an phone number I have two files I would like to discuss with you. regards.