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04-15-2015, 02:15 PM #32
Reputation points: 71
- Join Date
- Oct 2014
- Posts
- 56
Consolidation Example:
Merchant has 3 existing advances with balances of 7k, 11k and 10k – paying $1,169 a day total. We offer the merchant 60k 1.41 110 days to payoff all three advances (28k) and net approximately 32k, also bringing their daily payments down to $769, saving the merchant $400 a day! In cases such as this, the merchant must always net 50% or greater of the advanced amount
Steven Kamhi
Phone 516-444-3499
Cell -516-314-6887
Fax 1-516-765-9184
STEVENK@NULOOKCAPITAL.COM
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