Results 1 to 7 of 7
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10-06-2015, 12:00 PM #1
Need MCA that can conlosidate 3 MCA advances
Client has 160K in cash flow needs to consolidate 3 mca loans into one. Can anyone do that our there?
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10-06-2015, 01:34 PM #2
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10-06-2015, 01:55 PM #3
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joe@berkmanfinancial.com. I may be able to work this
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10-06-2015, 01:58 PM #4Regards,
Matthew A. Stucchio
Associate
World Business Lenders, LLC
120 W. 45th St.
5th & 29th Floor
New York, NY 10036
Main: (212) 293-8200
Direct: (212) 220-6018
Fax: (646) 417-7161
Email: Mstucchio@wbl.com
www.WBL.com
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10-06-2015, 03:07 PM #5
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Absolutely! Based on the plethora of information provided, I don't even think we would have to do any underwriting on this one - online checkout baby. Where should I wire funds? Forgot to mention, there is a very small, non-refundable $15K due diligence fee that must be wired to our "escrow account" prior to funding, but don't concern yourself with that, I will talk to the merchant about it and get you a DOUBLE DIGIT commission, sound good?
Will get started right away, send everything you have to directfunder87@gmail.com.
I am joking btw.Last edited by anonymous; 10-06-2015 at 03:16 PM.
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10-07-2015, 02:07 AM #6
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Please contact lauren@cardtransparency.com, So we can discuss your requirements in details.
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10-07-2015, 09:57 AM #7
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CFObyDesign - I am not a MCA lender, but I consolidate MCA loans (Over $2M consolidated in the last 60 days). It would require consolidating all the current MCA loans and client would need to understand he cannot stack on top of us for the term of funding (yes, I do prevent him from doing so).
Twelve month term, monthly payments. Can go longer if the numbers shake out. I can usually get payments down to about one third of what they are paying now. Multiple positions are OK, as long as the numbers flush out and the client can demonstrate the ability to meet their financial obligations.
In order for this to work, the client's business would need to be right side up and generating a profit (sorry, cannot consolidate clients that have painted themselves into a corner so badly they are losing money, even with my consolidation), or clearly demonstrate how they will turn a profit after the MCA consolidation.
Email me to set up a time to talk if you are interested.
Best,
Dan Page
dan@fundingstrategypartners.com
Direct: (303) 938-8280
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