Results 1 to 4 of 4
-
09-05-2023, 07:02 PM #1
- Join Date
- Aug 2023
- Posts
- 14
3 positions, outstanding balance: -$800k
Hello everyone,
I have a merchant that has 3 positions and they’re having problems with cashflow.
They’re wanting to consolidate or an alternative to lower their payments.
They do anywhere from $500k - $1M per month in revenue.
CS: 575-600
Position 1: -$400
Position 2: -$150
Position 3: -$250
Who can assist or point them in the right direction?
-
09-05-2023, 07:36 PM #2
- Join Date
- Jun 2021
- Location
- miami
- Posts
- 436
Hey we have a debt restructuring program, different from your normal settlement as the lenders get paid in full with our program we only go after the payment structure. feel free to give me a call to discuss i'd love to help out your merchant.
Midwestern Financial Solutions
CEO
Office - (954) 694-6402
email- Info@midwesternfinancialsolutions.com
MidwesternFinancialSolutions.com
Where your box ends ours begins.
https://www.linkedin.com/company/mid...ial-solutions/
linkedin.com/in/brandon-cooper-426615267
-
09-05-2023, 11:36 PM #3
1. They need to hire accounting services to reorganize their finances and get them out of what they are doing. It's done by remote and we have a team.
2. If they have property, get a hard money loan to pay part or all of these off.
3. Any other assets that can be used for ABL funding resources?Steve Benjamin
Professional Business Loans
522 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.
-
09-08-2023, 03:49 PM #4
- Join Date
- Jul 2022
- Posts
- 26
Do they have A/R
Similar Threads
-
Can anyone reverse 3.4MM outstanding MCA's?
By gnrcap in forum Deal BinReplies: 9Last Post: 11-24-2021, 11:46 AM -
Need Lender willing to buyout 2 positions 160K Balance Monthly volume 1+M
By romeo@nebulafinancial.com in forum Merchant Cash AdvanceReplies: 6Last Post: 10-12-2019, 08:32 AM -
Fundkite Reverse Consolidation 1-7 positions Up To $800k
By Funder Mark in forum PromotionsReplies: 0Last Post: 03-12-2018, 04:22 PM -
Consolidation Wanted: 2 positions, 150k balance, 75k per month in deposits
By usafundingmca39218 in forum Deal BinReplies: 18Last Post: 10-11-2017, 10:47 AM -
Consolidation of 3 positions $10k balance
By CaptainCash in forum Deal BinReplies: 8Last Post: 01-12-2016, 11:37 PM