[prosperity]

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.

[Zach]

If they have real estate as collateral, WBL can get them into a longer-term product with a lower cost per month than what they are paying now. In fact, with their deposit volume we can do up to ~$450K.

[prosperity]

Thanks Zach. I will see if that's an option. I will call you tomorrow

[dpFund]

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.

Hello Prosperity-

I fund a LOT of MCA consolidations. No collateral required, in the event your client does not have real estate :-)

I can typically get the client's payment down to about one third of what they are paying now.

Some highlights:

* 12-24 month term
* Monthly payments (no more daily payments!)
* Early payout after six months (no interest, fees or penalties...client just pays remaining principle)

The catch? The client must have a profitable business (or be able to demonstrate how/why they will be able to comfortably meet their obligations after consolidation). I am not a MCA lender so I do not fund on bank statements alone. So if the client is totally upside down in their business and they are only staying alive by generating more and more MCAs...they are probably not my client. But if they have a solid business and I can prove their viability with a consolidation, then it is a great fit. I funded north of $2M in consolidations from DF members last month, with another $1.3M already in process for November. Direct lender.

I'll get off my soapbox now.

If you are interested in discussing, please shoot me an email at dan@fundingstrategypartners.com and I will respond with the info I need to provide you with quick feedback.

Thanks,

Dan Page
Direct: (303) 938-8280
dan@fundingstrategypartners.com

[Zach]

Thanks Zach. I will see if that's an option. I will call you tomorrow

Sounds good! I look forward to hearing from you.