[All Paper Lender]

Merchant has 8 MCA Balances & a real estate collateral loan-Any other options?

Total MCA Balances $115K
Deposits around $100K-125K per month

Any lenders that will do a consolidation?

[WestCoastFunding]

No hope for this one. Sadly, he going out of business.

[abfunders]

No hope for this one. Sadly, he going out of business.

.... unless the merchant has a good connection inside the local bank, or the personal credit (of the merchant or another personal guarantor) is outstanding (which I really doubt), then yes, this client is very close to going out of business.

[omegafund]

Why would any real lender step into that mess

[abfunders]

Why would any real lender step into that mess

0 APR credit cards, no underwriting the "mess"
However, this client with high likelihood doesn't qualify, just considering the inquiries alone.

[WestCoastFunding]

0 APR credit cards, no underwriting the "mess"
However, this client with high likelihood doesn't qualify, just considering the inquiries alone.

My guess would be that whatever credit cards they have would be near maxed-out if not fully maxed. If I’m not mistaken, it would be hard to get that done if more than 33% of current credit card limit is used.

[abfunders]

My guess would be that whatever credit cards they have would be near maxed-out if not fully maxed. If I’m not mistaken, it would be hard to get that done if more than 33% of current credit card limit is used.

That too

[Sachip24]

what type of real estate and how much equity is in that real estate? if theres enough equity you can do cash-refi commercial mortgage and pay everything off

[Mike@Bilderberg]

I can restructure all 8 positions. Cut his payment in half or less than half. Call me 848-245-6155 or email me michaelt@bilderbergbusinesslenders.com

[BSCI 504]

70% LTV in 3 to 5 business days 620 score 30 year term 7% to 10.99% Must close in an LLC or Company name No tax returns bring your own appraisal Most any major metropolitan area no paper app! Please advise if 70% will accomodate your WBL deal... Thanks!