Consolidation Example: FROM NULOOK DIRECT FUNDER
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  1. #1

    Consolidation Example: FROM NULOOK DIRECT FUNDER

    “I had a Merchant who was paying $1350 in ACH pulls daily.....Steven got them an additional $30,000, cut their daily down to below $600 and gave them a lower factor then their #2 and #3 Lender....is it interest on interest yes; but it also eases the burden on a business Owner who is paying almost 25% of their monthly gross....You can argue interest on interest all day, but I will consolidate over a 3rd position 100 out of 100 times.”


    “Steve and the NULOOK team are very creative and do a lot of great things for our clients. They are a pleasure to work with, he is always willing to talk thru a deal and figure out what makes sense.”

    Steven Kamhi
    Phone 516-444-3499
    Cell -516-314-6887
    Fax 1-516-765-9184
    STEVENK@NULOOKCAPITAL.COM

  2. #2
    Senior Member Reputation points: 47257
    Join Date
    Apr 2013
    Location
    Basalt CO
    Posts
    867

    Yeah, i called over there, guy on the phone was a douche, telling me, "oh ive been doing this for years and no one will do that deal." OK buddy, there are at least two who will take the $150k in outstanding MCA debt and consolidate it into a longer term program going out 2-4 years.
    Know the industry you are in before you start telling me how no one will do this or that.

  3. #3
    Hi Buddy

    Please let me know who the funder is that willing do that advance.

    Thanks

    Steven K

  4. #4
    60k deal payoff all 3 advances totaling 27k by the time we fund. The merchant will net 27k plus lower the daily by $365 a day.

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