Results 1 to 25 of 45
Threaded View
-
12-15-2015, 09:15 PM #13
- Join Date
- Apr 2014
- Location
- Washington DC
- Posts
- 421
Yes, total amount sent is 100K or less between any funder that is paid off plus amount sent to merchant, if any. We have to be the only position post-consolidation, so we have to consolidate all positions and total balance has to be 100K or less. We typically have no origination/underwriting fees, unless we are consolidating 3 or more positions -- that cost is included in our factor -- so we have a true 100K max, not 100K minus thousands in fees.
Carl Fairbank
Founder & CEO boldMODE
www.boldmode.com
Carl@boldmode.com
Founder & former CEO of Breakout Capital (sold to SecurCapital in 2019)
www.breakoutfinance.com
Similar Threads
-
Supply company looking for (2) consolidations
By FSB in forum Deal BinReplies: 2Last Post: 10-26-2015, 10:14 AM -
MCA Consolidations
By dpFund in forum Merchant Cash AdvanceReplies: 0Last Post: 09-16-2015, 01:05 PM -
Anyone out there still doing consolidations for used auto sales?
By AlexSMF in forum Merchant Cash AdvanceReplies: 2Last Post: 06-29-2015, 09:24 PM -
consolidations
By mkarow in forum Merchant Cash AdvanceReplies: 1Last Post: 06-03-2015, 09:50 AM -
New Player to MCA Consolidations
By 1StopFunding in forum Merchant Cash AdvanceReplies: 12Last Post: 03-04-2015, 03:08 PM