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  1. #1

    Consolidation of cash advances

    A tree service wants to consolidate his two cash advances into a single monthly payment. He asks for $50k total to cover the $30k in advances.
    Best Regards,
    David Noad
    Global Financial Services, Inc.
    820 67th Avenue North #6923
    Myrtle Beach, SC 29579
    Skype: DSNoad
    Direct: +01 484-767-5985
    David@GlobalFinancialServicesInc.com

  2. #2
    Senior Member Reputation points: 66298 Olderguy's Avatar
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    LoanMe does monthly.
    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
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    @ 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
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  3. #3
    Senior Member Reputation points: 34662
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    Quote Originally Posted by Barnum View Post
    A tree service wants to consolidate his two cash advances into a single monthly payment. He asks for $50k total to cover the $30k in advances.
    Should tell the guy straight up no one does monthly besides a few funders/loan type products. If you are able to get him weekly and pay off his 2 advances he should be beyond thankful.

  4. #4
    Senior Member Reputation points: 86751
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    has anyone collected data to see if paying off multiple positions makes any sense with performance? meaning, do those merchants just go right back to stacking again?

  5. #5
    Banned Reputation points: 4416
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    Capitalize can pay off both positions and net some on top for a weekly payment if the banks justify it.

    Please submit the deal to subs@capitalizegroup.com for review.

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