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  1. #1

    Need funders that go behind a reverse or take out the reverse, please

    Need funders that will be willing to take out a reverse.
    Last edited by kfunder; 10-20-2021 at 03:31 PM.

  2. #2
    Lifetime Funding
    nicholas@lifetimefundingllc.com
    516-604-0609

  3. #3
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    LOL , Seems like this merchant totally has his cashflow figured out. he for sure won't default.

  4. #4
    send it to mantis

  5. #5
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    send it to the first person who says "send it to me i will have it funded in 1 hour"

  6. #6
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    1st Global, Par, or MJCapital!
    Hedley Lamarr......That's Hedley

  7. #7
    ill fund behind reverse Drew@infusioncapital.org
    Drew Matthew
    Chief Executive Officer
    Infusion Capital Group
    40 wall St
    28th floor #2765
    New York, NY 10005
    Company: 1 (718) 852-2233
    Direct: 1 (917)525-9946
    Email: drew@Infusioncapital.org
    www.Infusioncapital.org

  8. #8
    Quote Originally Posted by kevin henry View Post
    1st global, par, or mjcapital!
    lol
    James Scavuzzo
    Director Business Development
    Vox Funding
    609-413-4140
    jscavuzzo@voxfunding.com

  9. #9
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    Quote Originally Posted by kevin@ktodayfunding.com View Post
    Need funders that will be willing to take out a reverse.
    you're going to screw the merchant the second the reverse company sees it they will kill the reverse and your merchant will be on the hook for the amount they have taken.

  10. #10
    Looking to take out the reverse potentially

  11. #11
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    Quote Originally Posted by kevin@ktodayfunding.com View Post
    Looking to take out the reverse potentially
    highly unlikely you can take out an active reverse unless its 90% complete and all positions are gone except the reverse

  12. #12
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    Quote Originally Posted by Bcooper View Post
    highly unlikely you can take out an active reverse unless its 90% complete and all positions are gone except the reverse
    Or unless there's real estate or other collateral like AR or an SBA. But people in reverses are generally not SBA qualified, and SBAs generally don't like buying out debt, and they probably already have an SBA (or EIDL), hence why they took on an MCA.

  13. #13
    Quote Originally Posted by Bcooper View Post
    highly unlikely you can take out an active reverse unless its 90% complete and all positions are gone except the reverse
    You can take out a reverse although it's going to really cost you. You submit to a new reverse funder that will take over and know that you are funding the merchant. The reverse funder approves the deal, the merchant cancels his current reverse which they can always do. The new reverse funder funds the deal and can reverse the balance of the old reverse funder. You fund you deal and that is the one position not reversed. Incredibly dumb but it does happen from time to time.
    Adam Cohen
    Diverse Capital
    Direct Funders
    (646) 239 - 2887
    adam@diversecapitalllc.com

  14. #14
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    Quote Originally Posted by Adamc1303 View Post
    You can take out a reverse although it's going to really cost you. You submit to a new reverse funder that will take over and know that you are funding the merchant. The reverse funder approves the deal, the merchant cancels his current reverse which they can always do. The new reverse funder funds the deal and can reverse the balance of the old reverse funder. You fund you deal and that is the one position not reversed. Incredibly dumb but it does happen from time to time.
    Mmhh.... Reversing a Reverse.

  15. #15
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    Quote Originally Posted by ReverseFund View Post
    Mmhh.... Reversing a Reverse.
    Only if you are not on double secret probation........
    Hedley Lamarr......That's Hedley

  16. #16
    If the reverse is almost done we can potentially buy out the reverse. send us an email.
    Cobalt Funding Solutions | Direct Funder

    cobaltfunding.com| 202-773-4200
    New York, NY. | deals@cobaltfunding.com

  17. #17
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    Quote Originally Posted by ReverseFund View Post
    Mmhh.... Reversing a Reverse.
    Deals@reversefund.co best in the industry at approving reverses.


    I had a file he approved , merchant changed his mind but it was a solid offer ..

    Shout out , will send more deals.

    Thanks for your work

    -FBC

  18. #18
    Senior Member Reputation points: 66298 Olderguy's Avatar
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    1. Look into getting a personal loan....quad funding possible if Fico isn't too messed up.
    2. See if they have any property with equity to get a hard money loan to take out the MCA's. You can your your primary residence for "business purpose" hard money loan.
    3. Go to a pawn shop with assets.
    Last edited by Olderguy; 10-23-2021 at 11:24 AM.
    Steve Benjamin
    Professional Business Loans

    1012 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  19. #19
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    Quote Originally Posted by Adamc1303 View Post
    You can take out a reverse although it's going to really cost you. You submit to a new reverse funder that will take over and know that you are funding the merchant. The reverse funder approves the deal, the merchant cancels his current reverse which they can always do. The new reverse funder funds the deal and can reverse the balance of the old reverse funder. You fund you deal and that is the one position not reversed. Incredibly dumb but it does happen from time to time.
    This man knows what hes talking about.
    The Numbers will sometimes work where you can stack the reverse, Intentionally get the reverse to stop depositing, or merchant can shut it off. Then after funding, the same company then reverses their position, the old reverse, and whatever balances were left.

  20. #20
    Ill fund behind a reverse in a separate account
    David M Levi
    Direct: (917)618-5188
    David@Fund4Less.com
    http://www.Fund4Less.com

  21. #21
    send it over. we can do it (when the reverse funders allow it, which sometimes they do)
    Last edited by David6ix; 10-27-2021 at 08:19 PM.
    David Kanner
    MNR Capital Group
    E: david@mnrcapitalgroup.com
    P: 201-212-6447

  22. #22
    Member Reputation points: 222 Prosperum Funding's Avatar
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    Need more info on this,

    Feel free to reach out.
    Frank Jacobs,
    Funding Director
    ProsperumFunding.Com
    | Office | (929) 376-8912
    | Fax | (888) 894-3518 or (212) 706-0117
    | Email | FJacobs@ProsperumFunding.com
    8 West 36th Street, Floor7 | New York, NY 10018

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