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11-23-2018, 10:45 PM #1
Consolidation On Defaulted Merchant On Payment Plans $350,000
I have a merchant who defaulted on cash advances but never was unwilling to repay anyone (long story).
They have been paying back every merchant on weekly payments but would rather consolidate everything, pay them all off, and pay the new lender in either weekly or monthly installments.
I think there is a number of lawyers who boast doing this thing. It's not reverse consolidation because most lenders who offer that only offer short terms. If there is a lender who offers 18-24 months reverses, that might work.
Merchant credit is 740, so it's not bad; as I said, they're not into screwing lenders over. Anyone has an easy solution to this riddle?
Please PM, as much as possible.
Thanks
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11-24-2018, 08:55 AM #2
Any collateral?
Nick Hubbard
Senior Loan Advisor
314-252-0299 - Office
314-885-2262 - Direct
nick@elitefactoring.com
www.elitefactoring.com
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11-26-2018, 04:17 PM #3
- Join Date
- Oct 2018
- Posts
- 99
What industry is the merchant in?
Adam Ward
911 Ave U
Brooklyn NY 11235
adam@Funding-Zone
347-269-1598
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