Consolidations
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  1. #1
    Senior Member Reputation points: 14001
    Join Date
    Jul 2018
    Posts
    193

    Consolidations

    Hi All,
    Can anyone tell me who is good with consolidations? I need lenders/Funders that do net 30 or net 50 for at least 2-3 mcas.

    TIA!

  2. #2
    Senior Member Reputation points: 3706
    Join Date
    Jan 2017
    Posts
    386

    We can help you with that as well as with reverse consolidations.
    Paul Boxer
    Merchant Marketplace

    Chief Operating Officer
    Chief Revenue Officer

    Cell: (516) 805-9209
    paul@merchantmarketplace.com
    www.merchantmarketplace.com

  3. #3
    Senior Member Reputation points: 6544
    Join Date
    Dec 2018
    Location
    48 Wall St. New York, NY 10005
    Posts
    271

    We consolidate up to 3 positions. We have a net 50% rule.

    Jeff Pecori
    ISO Relations manager
    VitalCap Fund
    48 Wall St. New York, NY 10005
    P. 850.630.7509
    F. 646.219.7949
    jeff@vitalcapfund.com

  4. #4
    Fundrite

  5. #5
    River can consolidate up to 4 positions and we only require a net 30. Feel free to reach out to me if you'd like to know more about our programs Office: 732-385-8900 Ext 104 or matthew@riveradvance.com

  6. #6
    Senior Member Reputation points: 51397 DTFdowntofund's Avatar
    Join Date
    Jul 2018
    Location
    London
    Posts
    480

    Premiere

  7. #7
    Senior Member Reputation points: 8447
    Join Date
    Jul 2015
    Location
    Tampa Florida
    Posts
    498

    We have done up to five positions net 50% but it has to be a good situation for the merchant. We won't do it if their remittance increases. Credit Card split deals only.
    Jason H l Sales & Business Development
    Quikstone Capital Solutions l Tampa FL
    Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
    Jason.Hausle@quikstonecapital.com
    www.quikstonecapital.com


    Direct Lender Since 2005

  8. #8
    I am looking for someone who can do a sixth position or consolidate all the positions.

  9. #9
    Banned Reputation points: 179851
    Join Date
    Jun 2017
    Posts
    2,049

    Ive seen InAdvance do CRAZY Consolidations.

    They Issued an approval and a stip was 0 Bal Letters for 3 Lenders.

    We gave them Payoff letters totaling like 80k or something stupid, and they raised offer and paid them all off, taking a 2nd positon and leaving the first in tact

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