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  1. #1

    Seeking Reverse Consolidation

    Merchant does 80k per month and has 2 loans. merchant got a 2nd position, funded a few weeks ago by everest.

    2 loans that total 60k.

  2. #2
    Senior Member Reputation points: 3418 kevin85k's Avatar
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    is it past 30 days?

  3. #3
    Senior Member Reputation points: 11375
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    Tampa, FL
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    Quote Originally Posted by CashAdvanceKing View Post
    Merchant does 80k per month and has 2 loans. merchant got a 2nd position, funded a few weeks ago by everest.

    2 loans that total 60k.
    Once the advances are 30+ days old, contact FundKite, Arcarius, and Premier Capital. However, I've never actually received a reverse offer from FundKite (they do say they do them however). Premier seems to have the most aggressive underwriting where others quickly decline the file.

  4. #4
    Senior Member Reputation points: 6639 gaxisa's Avatar
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    Quote Originally Posted by rdgllc View Post
    Once the advances are 30+ days old, contact FundKite, Arcarius, and Premier Capital. However, I've never actually received a reverse offer from FundKite (they do say they do them however). Premier seems to have the most aggressive underwriting where others quickly decline the file.
    Fundkite writes solid reverses but they don't provide additional capital. So in order to close you need the exact cent owed on their MCAs. Gets a little tricky towards the end of closing.
    Gary Axisa
    Blue Streak Capital, Inc.
    PM me for my email

  5. #5
    Senior Member Reputation points: 11375
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    Quote Originally Posted by gaxisa View Post
    Fundkite writes solid reverses but they don't provide additional capital. So in order to close you need the exact cent owed on their MCAs. Gets a little tricky towards the end of closing.
    I stand corrected. Just got a solid reverse offer from FundKite.

  6. #6
    Member Reputation points: 10
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    Quote Originally Posted by CashAdvanceKing View Post
    Merchant does 80k per month and has 2 loans. merchant got a 2nd position, funded a few weeks ago by everest.

    2 loans that total 60k.
    Send to Steve@MLFactors.com if you dont already deal with someone here...We specialize in the reverse consolidation programs!

  7. #7
    Thank you for the nice words


    steven k

    fundkite
    1929-999-6100

  8. #8
    please call me


    Steven

    1929-999-6100

  9. #9
    yes or will be within a day

  10. #10
    We are still funding defaulted deals! As a reminder to what qualifies…


    • Judgement needs to be filed and satisfied at the full dollar amount
    • We need proof of this being satisfied
    • Average daily balances less than $400 are considered a negative day

    A copy of these guidelines are attached to this email for you to save for future use.


    Steven Kamhi
    Iso Boarding Link https://fundkite.com/iso-sign-up-steve-kamhi/
    Wall Street Plaza
    88 Pine Street, 17th floor, New York, NY 10005
    Direct line: Zoiper Click2Dial929-999-6100 //US Tel: Zoiper Click2Dial212-952-0001 ext: 1014US // Cell: Zoiper Click2Dial516-314-6887 //US Web: www.FundKite.com

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