Results 1 to 5 of 5
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11-05-2015, 05:30 PM #1
- Join Date
- Oct 2015
- Posts
- 24
MCA Consoldation??? Client paying 1600 daily ACH payments
Hey, I have an app from someone that has 4 ach daily payments equaling 1600 dollars. They are looking to consolidate for a better rate and get more cash out. Monthly bank statements are showing 180K+ in deposits. What are my options... Please advise.
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11-05-2015, 05:57 PM #2
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
MCA Consoldation??? Client paying 1600 daily ACH payments
Call Dan Bush.
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11-05-2015, 07:01 PM #3
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
Just turned $1900 a day to $3500 a month.. All depends on the Financials... If the Balance Sheet is not under water (And the interims show a profit) there is definitely a chance to cash these folks out and help them immeasurably... Please feel free to reach out to discuss..
Richard 516 510 3855
www.businesscapitalconsultants.com
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11-06-2015, 04:24 AM #4
- Join Date
- Mar 2015
- Posts
- 42
If you could shoot me your email please
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11-06-2015, 09:34 AM #5
- Join Date
- Oct 2015
- Posts
- 53
A lot depends on what their combined balance is with the 4 lender they have out already. Most that do consolidation will need the merchant to net at least 40%
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