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  1. #1
    Member Reputation points: 24 bwadvance's Avatar
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    What is a good consolidation company?

    I have a client that is looking to possibly consolidate his loans:

    He has 6 loans, 6 different companies and totaling a little over 300K.

    Has also has bad credit
    He is in a restricted industry

    What we would like to do is consolidate all these loans and pay a monthly if that is anyway possible please pm me. Serious inquiries only please.
    Last edited by bwadvance; 12-06-2014 at 12:23 PM.

  2. #2
    Senior Member Reputation points: 113 MatthewAStucchio's Avatar
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    World Business Lenders does consolidating structures all the time and in restricted industries. With poor credit a monthly will not be possible but if the client has enough revenue to afford the consolidation loan amount as well as collateral to secure the loan with, that is something we will def take a look at. 212 220 6018 or Mstucchio@wbl.com. We pay up to 12 points on most deals/programs.

  3. #3
    Veteran Reputation points: 134971 Chambo's Avatar
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    let me get this straight....6 advances outstanding, bad credit, restricted industry? This merchant has a audacity to make demands?

  4. #4
    Senior Member Reputation points: 290 1StopFunding's Avatar
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    What is a good consolidation company?

    If it's not California, Stephen at fundmypayroll.com may do a restructure. I've funded a couple deals with them with ease.
    Cheryl Tibbs- General Manager
    Equipment LeaseCo Inc
    www.equipmentleaseco.com

  5. #5
    Member Reputation points: 24 bwadvance's Avatar
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    What is a good consolidation company?

    Not exactly demands, I want to take the merchant out the "hamster wheel" he does have room for a 7th but I rather consolidate and give him some breathing room with fresh capital. Possibly a term loan annual sales are good but I'm trying to save the guy rather then increase his daily payment. Consolidation monthly payment with fresh capital.

  6. #6
    Senior Member Reputation points: 68233
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    I emailed you.. feel free to contact for more information..

    rg@businesscapitalconsultants.com

  7. #7
    We do


    Steven K
    Phone 516-444-3499

    Fax 1-516-765-9184
    STEVENK@NULOOKCAPITAL.COM

  8. #8
    Senior Member Reputation points: 1422
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    Monthly payment is unlikely with poor credit (and good credit alike). With 6 advances I presume we're talking about a high 5 figure or if not 6 figure collective balance. Your best bet is too get an aggressive 2nd or 3rd, buying out the deals closest to being paid off and/or highest daily debit.

    If the funds were used for equipment, software (any tangible item excluding inventory) (with proof i.e receipt etc) We can consolidate up to $500K.

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