Consolidation loan with money on top
Need a Funder or Vendor? START HERE

Results 1 to 7 of 7
  1. #1

    Consolidation loan with money on top

    Merchant has 30K outstanding on advances but seeks a lower daily payment with residual money on top. Can anyone assist me in doing this deal. Basically will need to stretch out the period of payback. Credit score is in the lower mid 600's. Please advise.

  2. #2
    Bostriba,

    What are the deal specs, how is the avg monthly revenues, how old are these current advances?

  3. #3
    Senior Member Reputation points: 68233
    Join Date
    Dec 2014
    Location
    Quogue, NY
    Posts
    1,108

    We do consolidations all the time.. All about the Financials

  4. #4
    Member Reputation points: 10 Miguel martinez's Avatar
    Join Date
    Dec 2014
    Location
    Connecticut
    Posts
    52

    send it i will take a look at it and see if i can get it done for you
    Miguel Martinez
    Financial Coordinator

    World Business Lenders
    81 Market Square Unit 7
    Newington, CT 06111

    Toll-Free: (888) 441-9500 ext 235
    Efax: (646) 417-7150
    Mobile: (860) 759-6365
    Email: mmartinez@wbl.com

    www.wbl.com

  5. #5
    Quote Originally Posted by RichardGerard View Post
    We do consolidations all the time.. All about the Financials
    Contact info?
    Lashelle Cobham | Team Lead
    Tampa FL, 33624
    Cell: 813.599.7048
    E-mail: lashelle@maximumcapitalgroup.com
    Visit us: www.maximumcapitalgroup.com

  6. #6
    Hey! If this file is still open we would take a closer look here at QFS Capital! Feel free to give me a call at 917-340-1469 and I'd be happy to get my underwriters to look at it ASAP.


    Samuel Leff | ISO Relationship Manager

    QFS Capital
    T: 917-340-1469

    samuel@qfscapital.com

  7. #7
    Senior Member Reputation points: 29542
    Join Date
    Jun 2021
    Location
    miami
    Posts
    436

    Quote Originally Posted by Miguel martinez View Post
    send it i will take a look at it and see if i can get it done for you
    don't yall only offer property-backed deals only not MCA/ receivables-backed deals?

Similar Threads

  1. Consolidation type loan of 35k
    By bostriba in forum Deal Bin
    Replies: 9
    Last Post: 01-21-2015, 02:06 PM
  2. Insurance company needs consolidation loan
    By SUPERIORFUNDING in forum Deal Bin
    Replies: 6
    Last Post: 10-30-2014, 11:14 AM
  3. MCA Consolidation Loan
    By BizFiStore in forum Promotions
    Replies: 2
    Last Post: 10-23-2014, 11:23 AM
  4. Need a consolidation loan..Great merchant
    By SUPERIORFUNDING in forum Merchant Cash Advance
    Replies: 5
    Last Post: 10-14-2014, 11:26 AM
  5. Hard Money Biz Loan
    By 1StopFunding in forum Business Loans
    Replies: 1
    Last Post: 03-30-2014, 08:29 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Lendistry welcomes new CFO
LegalZoom partners w/ businessloans.com
iBusiness Funding acquires Funding Circle


DIRECTORY