Consolidation asap
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  1. #1

    Consolidation asap

    5 positions
    180k month
    Fc
    Sc
    Mchq
    Qspot

  2. #2
    Banned Reputation points: 4530
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    Consolidation asap

    Ryan, what does this company do for a living and is there any debt besides the advances?
    Bob Shaw
    rshaw@advancecredit.com
    734-929-3800

  3. #3
    Senior Member Reputation points: 7360
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    Ryan - To Bob's point, you need to provide a little more info. I do a lot of consolidations, but anyone on this forum would need more info to adequately asses the opportunity here. For example:

    What is the client's business?
    What is their annual revenue?
    Are they showing a profit/loss?

    Happy to help and see if we can make this work.

    (I am a direct lender, and on average get consolidation payments down to about one third of what the client is paying today).

    Best,

    Dan Page
    dan@fundingstrategypartners.com

  4. #4
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    944

    If one is Funding Circle I doubt most of the consolidation funds on this board will give your merchant better pricing.

    Quote Originally Posted by ryan1046 View Post
    5 positions
    180k month
    Fc
    Sc
    Mchq
    Qspot

  5. #5
    Senior Member Reputation points: 18402
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    Fc will not pay off more then 2 advances

  6. #6
    Senior Member Reputation points: 62986
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    Consolidation asap

    FC technically isn't a position. It's a term loan with monthly payments. So you should be looking to consolidate 3 positions. And quite frankly if they qualified at FC you might want to consider using the SBA product to help them out. And I say 3 because you listed 4 names, not 5

  7. #7
    Try those fat ****s over @ powerup lending, ask for the King**** himself Seth aka( i can predict random human behavior) "JR" Lapidus




    Let me know when you have everything.

    Best,
    JR

    Seth "JR" Lapidus
    516-498-9890-OFFICE
    516-967-4484-CELL
    slapidus@kbmworldwide.com

  8. #8
    Banned Reputation points: 4530
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    Consolidation asap

    Seth, what is your business?
    Bob

  9. #9
    Member Reputation points: 18
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    Oct 2014
    Location
    New York
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    If you haven't found a home for this deal yet give me a call.

    Daniel@SamsonFunding.com
    347-682-5727

  10. #10
    We will restructure and offer traditional money. 2 different products, great commission.
    jimmy@sigicancapitalcorp.com

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