[allfunds]

Have a merchant that is in need of a partial or full consolidation of their 5 MCA positions. In business 2 1/2 years, have doubled their revenue in the last 12 months from 70-80k a month to 150-175k a month. Haven't had luck with the options I know of for reverse or traditional consolidations. No property owned. They are over leveraged, they know it, and want to right the ship. Any ideas or thoughts would be greatly appreciated. Thanks

[allfunds]

Sorry about that. Total balance still owed on the 5 positions is just under 140k, they pay $2,873 daily btwn the 5, and all 5 deals will be off of the books within 45 days.

[RichardGerard]

What is FICO score of the guarantor(s)?

Are they showing losses that would be reversed if they had a better credit facility? Are they profitable?

[allfunds]

fico for both owners is right around 640. 2017 tax return shows just over 1 million gross with a 104k loss

[RichardGerard]

Sent you a PM... How do YTD #'s look?


The 640 FICO is something we can overcome- need to discuss

[FastAdvanceFunding]

Let me take a look at it.

PM ME or email me at

Isosupport@fastadvancefunding.com

We do great reverses on construction deals.