[Lenny]

Good afternoon all!

Looking for some lenders who do Reverses and LOC's.
Last few weeks we have been overwhelmed with applications for these products.

[Olderguy]

LOC

BlueVine up to $250,000
SmartBiz up to $150,000
Rapid I think $60k thereabouts
Headway (through Splash Advance) up to $150,000

Sure there are plenty of others.

[MCApphub]

have you found any good lenders who do reverses yet outside the norm? thanks

[benkhay]

Aside from the funds we put out on the position side of MCA, we also have a Reverse Consolidation program for those merchants that are over-leveraged and feel like they need some room to breathe. Info is in my Signature

[TtheBroker]

n/a

[closer129]

Good afternoon all!

Looking for some lenders who do Reverses and LOC's.
Last few weeks we have been overwhelmed with applications for these products.

I do not do reverses. Our first position mca deals act a little like a line of credit. We do not payoff our old balance to renew the merchant. We just extend the term out the payment stays the same and they do not pay on the new money until the old is finished every time the pay in around 50% of the deal. If they take less than the full approval amount we can renew them more frequently by adjusting the old payment and or offering a side by side. The merchant do not need to have perfect credit for this and if they have poor balances we can even funds them as a cc split as long as they accept them.

Scott Platto
Scott@tmrnow.com
tmrnow.com
212-220-9872.

[MCApphub]

Thanks

[MCApphub]

what is the turn-around on LOC program approvals?

[QFSCapital]

Hey Lenny we specalize in Reverses and would be happy to have you on board