[zcgdirect]

Merchant wants to consolidate 3 loans and get additional cash. Any lender that will take 4th position?

[Chambo]

Um....that would NOT be a 4th Position deal

[ridextreme]

What is his balance and what is his gross? sometimes we just need to move onto the next deal.

[lilru911]

yes I will take a look at this deal. I am Rudy with Merchant Source in NYC. call me or email 646-757-3000 or rjames@merchantsourceinc.com office hours are 10 am to 6pm

[rmckellar]

You're asking for a first position, all theyre doing is paying off the existing loans and consolidating them into one. All other UCCs are then released, leaving only a first position. I would look at this deal but any deal with a history of stacking will have to sign a COJ with closing docs.

[ISELLCASH]

Hi Rudy,

Isn't merchant source an ISO?

[Crdeals]

What are the numbers looking like

[KM_Superior]

Merchant wants to consolidate 3 loans and get additional cash. Any lender that will take 4th position?

Can definitely get this done if the margins are right. Just send along 4 months of trailing banks and an app.