Results 1 to 8 of 8
-
02-26-2016, 10:49 AM #1
- Join Date
- Dec 2015
- Posts
- 51
Consolidate over a millon
Is there anyone that would consolidate over a million dollars?? Business is doing great with around 2 million a month growth sales.
-
02-26-2016, 10:51 AM #2
- Join Date
- Apr 2015
- Posts
- 297
Dan Page
-
02-26-2016, 10:55 AM #3
Consolidate over a millon
If real estate is available with substantial equity to cover the loan amount and client can service the debt WBL will review. Pls call/email to discuss. Thanks
Regards,
Matthew A. Stucchio
Associate
World Business Lenders, LLC
120 W. 45th St.
5th & 29th Floor
New York, NY 10036
Main: (212) 293-8200
Direct: (212) 220-6018
Fax: (646) 417-7161
Email: Mstucchio@wbl.com
www.WBL.com
-
02-26-2016, 11:02 AM #4
- Join Date
- Apr 2015
- Posts
- 297
-
02-26-2016, 11:10 AM #5
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
At 24M annually there are SEVERAL solutions for a file like this other than an 18 month consolidation.. Touch base if you would like to discuss.. Typically split 3 points on these..
RG 516 510 3855
www.businesscapitalconsultants.com
775 Park Avenue Suite 255
Huntington, NY 11743
-
02-26-2016, 11:18 AM #6
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
I agree with Richard.
You might want to think Elimination as opposed to Consolidation for this one.
If all the advances are eliminated it will make it more profitable to, write new advances.
I'd be glad to explain.
Bob Shaw
rshaw@advancecredit.com
rshaw@millenniumfundingusa.com
734.929.3800
-
02-26-2016, 12:42 PM #7
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
Indeed Bob... Every time the word consolidation comes up people refer the same names without knowing the industry type, Historical Financials, Debt structure, Balance Sheet etc...
Which is not to say the folks that consolidate here are not good at what they do.. Sometimes the simple answer is not the right one OR the most beneficial to the client or ISO..
There are professionals on this blog that can get clients more capital, with longer terms while earning ISO's greater commissions- while saving the clients money..
-
02-26-2016, 03:17 PM #8
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
Thanks Michael :-)
Fundnow- Consolidating north of a million is not a problem. One of my more recent consolidations was $1.15M and I have another one right now we are working on at $1.5M.
Monthly payments, 12-18 month term, with early payoff available anytime after six months (no interest, fees or penalties).
Feel free to reach out and discuss.
Best,
Dan Page
Direct: (303) 938-8280
dan@fundingstrategypartners.com
Similar Threads
-
Consolidate
By fundnow in forum Deal BinReplies: 10Last Post: 02-05-2016, 12:33 AM -
Consolidate
By fundnow in forum Deal BinReplies: 7Last Post: 01-18-2016, 05:04 PM -
Consolidate
By nateteabs in forum Deal BinReplies: 6Last Post: 12-07-2015, 03:13 PM -
We Consolidate
By Pete@innovate in forum Merchant Cash AdvanceReplies: 0Last Post: 06-07-2015, 08:37 PM -
Consolidate ACH and net more capital
By mca123 in forum Deal BinReplies: 6Last Post: 12-01-2014, 12:12 PM