Consolidation of 3 positions $10k balance
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  1. #1

    Consolidation of 3 positions $10k balance

    Have a merchant with 3 positions, total for the 3 balances are apx $10k. Merchant does about $18k a month in deposits and in Cali. Trying to get $15-$18k consolidation here so the merchant can net 5-8k... Over $3k in the account right now, and and handling $250 coming out a day.

    Decent file, won't take a 4th, seeing if there is anything that can get done here.

  2. #2
    Senior Member Reputation points: 7360
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    Talk to Carl Fairbank at Breakout Capital. Right up his alley.

  3. #3
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    We can take a look at this! We're here today and tomorrow!

    holley@capassist.com

  4. #4
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    Consolidation of 3 positions $10k balance

    Would they be open to maybe consolidating 1 or 2 if they can't get approved for a full consolidation?

    Mike@Samsonpartnersllc.com
    Office- 347-492-1801
    Cell- 917-689-1502

  5. #5
    Quote Originally Posted by CaptainCash View Post
    Have a merchant with 3 positions, total for the 3 balances are apx $10k. Merchant does about $18k a month in deposits and in Cali. Trying to get $15-$18k consolidation here so the merchant can net 5-8k... Over $3k in the account right now, and and handling $250 coming out a day.

    Decent file, won't take a 4th, seeing if there is anything that can get done here.
    If he would be interested in taking out 1 or 2 positions let me know and we will take a look. We are open today and tomorrow-
    Kaitlyn Miller
    ISO Coordinator
    770-617-2377
    KM@SuperiorCapitalfund.com
    http://superiorcapitalfund.com/

  6. #6
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    Thanks Dan! Yes, we should definitely be able to get this done if he has been able to consistently service the higher cost debt.
    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

  7. #7
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    We can consolidate three into simply a lower daily or weekly payment (no net), or all three and potentially net something. Just let us know how we can help.
    Last edited by Cfairbank; 12-30-2015 at 06:08 PM.
    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

  8. #8
    Senior Member Reputation points: 32658 Zach's Avatar
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    Credibly is still doing these if I remember correctly. I believe sandstone does as well. WBL could make an offer for around 25-35K depending on the collateral.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  9. #9
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    Quote Originally Posted by CaptainCash View Post
    Have a merchant with 3 positions, total for the 3 balances are apx $10k. Merchant does about $18k a month in deposits and in Cali. Trying to get $15-$18k consolidation here so the merchant can net 5-8k... Over $3k in the account right now, and and handling $250 coming out a day.

    Decent file, won't take a 4th, seeing if there is anything that can get done here.
    CaptainCash -- did you get this closed? We'd still love to take a look
    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

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