G&G is a legit consolation company ?
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  1. #1

    Post G&G is a legit consolation company ?

    G&G intoduced themselves to us as a consolidation companies, everytime my merchant signed a contract then there underwriting team disappears and communication is horrible and i am not sure if they take reach out to my merchant directly and sign him up or not ? so pls advise if they are a legit funder or not ?

  2. #2
    Senior Member Reputation points: 3325
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    Quote Originally Posted by ops@moskycapital.com View Post
    G&G intoduced themselves to us as a consolidation companies, everytime my merchant signed a contract then there underwriting team disappears and communication is horrible and i am not sure if they take reach out to my merchant directly and sign him up or not ? so pls advise if they are a legit funder or not ?
    Please do yourself a favor and sign up with reputable funders you constantly see in the bank statements it's a formula that works

  3. #3
    Quote Originally Posted by ops@moskycapital.com View Post
    G&G intoduced themselves to us as a consolidation companies, everytime my merchant signed a contract then there underwriting team disappears and communication is horrible and i am not sure if they take reach out to my merchant directly and sign him up or not ? so pls advise if they are a legit funder or not ?

    How about stay away from consolidations, They never work for the merchants.

  4. #4
    G&G is a legit reverse funder however the communication can definitely be improved. If you fund a lot with them and consistently, the communication gets a lot better.

  5. #5
    Senior Member Reputation points: 72961 Olderguy's Avatar
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    Instead of consolidation, look at asset based financing to do a take out.

    A/R
    Inventory
    Property
    Equipment
    Personal loan
    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.

  6. #6
    I've funded a few deals with them -- offers are decent and they do pay BUT communication is horrible. I've had them sit on signed docs for 200k for literally WEEKS trying to schedule a bank verif/funding call. They're alright to have in the roster, but definitely not my go-to reverse lender.

  7. #7
    good luck getting in touch with anyone at G & G

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