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  1. #1

    Wink Anybody funding!?

    need reverse consolidations and LOC anybody out there still funding?

  2. #2
    Senior Member Reputation points: 23085
    Join Date
    Nov 2013
    Posts
    598

    Reverses are non existent toss that merchant to the side they are overleveraged anyway. For LOC Bluevine and I beleive Fundbox suspended operations for LOC.

  3. #3
    Senior Member Reputation points: 216519
    Join Date
    Feb 2017
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    3,334

    Quote Originally Posted by FCF Fund View Post
    Reverses are non existent toss that merchant to the side they are overleveraged anyway. For LOC Bluevine and I beleive Fundbox suspended operations for LOC.

    Bluevine stopped accepting new LOC applications yesterday at 5:30pm, but they're still factoring (albeit they are more expensive than most factors, but they are still accepting new applications...)

    Find out if the client has any collateral, real estate, equipment, AR....

  4. #4
    am sure he does he has two business TV producers over 900K monthly and sale property in FL want 350K LOC just in case! things get worse which they will!

  5. #5
    Senior Member Reputation points: 23085
    Join Date
    Nov 2013
    Posts
    598

    Quote Originally Posted by Valparaiso16 View Post
    am sure he does he has two business TV producers over 900K monthly and sale property in FL want 350K LOC just in case! things get worse which they will!
    Respectfully, manage your merchant expectations. Cheap money is not fast, and fast money isnt cheap, cant have it both ways so try to make sure hes somewhere in the middle contingent on his needs.

  6. #6
    Banned Reputation points: 769
    Join Date
    Apr 2020
    Location
    Broomall, PA
    Posts
    123

    We do MCA consolidations into a 24 to 36-month term loan with ONE MONTHLY PAYMENT.

    We are direct lenders and use our own capital to lend.

    We are currently lending.

    Stefan Bernarsky
    CIO
    Kanjorski Partners LLC
    570-862-7279 call or text
    www.kanjorskipartners.com/refinance

  7. #7
    We are offering reverse consolidations at GetBackd. Feel free to call or email if you have questions.

    Madeline Ross
    Wholesale Partner
    (888)-594-1540 Ext.1192
    madeline@getbackd.com
    www.getbackd.com

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