[ridextreme]

balances of all the advances of the industry?

yes it would be helpful to know what the balances are. Total gross of 250K is irrelevant without knowing the balance.

It's great there are people who are saying they can do it without this information but please send me an ISO agreement I'm interested in signing up if balances are not a factor.

[sdellitalia]

320k

[sdellitalia]

Balances are 320k

[dpFund]

Sal,

I am a direct lender and do MCA consolidations all day long, usually getting client payments down to about one third of what they are paying now.

Some highlights:

1.) Funding amount from $100k - $2M
2.) Monthly payments (I am not a MCA lender so no daily payments)
3.) 12-18 month term
4.) Client can pre-pay at any time after six months, with no fees, penalties or interest (just pay remaining principle and they are out. Quite often our clients will take an eighteen month term to minimize payments. Then at six months they have saved so much money they swoop in and pay us off. Ends up being about a 1.15 cost over six months to the client when they do it this way.
5.) No limit on the number of advances the client can consolidate (I have consolidated several with eight advances)
6.) No state limitations
7.) No industry limitations (outside of individual restaurants, but there are plenty of guys that love those)
8.) No collateral required

Hope this helps. Let me know if you would like to talk.

Thanks,

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

[Chambo]

Balances are 320k

Balances are $320K combined, the merchant does $250K a month in deposits? You are looking for what exactly here, or am I missing something?