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07-17-2024, 05:07 PM #1
- Join Date
- Apr 2013
- Posts
- 363
Consolidate w/ $0 to merchant
Someone had mentioned in here a lender or two who were willing to consolidate without merchant needing to net. Am unable to find the post.
Also looking for lenders who can remove some of the positions while leaving the larger ones in place. Thanks in advance.
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07-17-2024, 05:14 PM #2
- Join Date
- Nov 2019
- Posts
- 692
My company will pay off one or 2 small positions to go into second position or 3rd if it is a clean file with good funders if it qualifies and makes sense to do so.
Scott Platto
scott@tmrnow.com
tmrnow.com
212-220-9872
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07-17-2024, 05:32 PM #3
- Join Date
- Feb 2017
- Posts
- 3,468
Breakout used to do this, but they're MUCH more picky these days, both with brokers and deals.
What type of "lender" are you looking for? I think that Breakout is a loan, not an MCA (technically), but are you looking for a different product other than an MCA?
Because tons of non-MCA products will do $0 net, and pure refi.
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07-17-2024, 05:39 PM #4
- Join Date
- Aug 2018
- Posts
- 897
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