Do you know merchants with a lot of merchant cash advance...i could consolidate them
Need a Funder or Vendor? START HERE

Results 1 to 2 of 2
  1. #1
    Banned Reputation points: 10
    Join Date
    Jun 2016
    Posts
    13

    Do you know merchants with a lot of merchant cash advance...i could consolidate them

    Do you have Merchants with 3 or more Merchant Cash Advance Loans, and doesn't know what do for decrease their daily payments. We do Merchant Cash Advance Consolidations!

    Great Rates! Consolidate all your Merchant Cash Advances in 1 loan and decrease your daily payments!

    Send us a Private Message with your scenario, please include the positions they have and the balances of each Merchant Cash Advance.

  2. #2
    Senior Member Reputation points: 50583
    Join Date
    Jul 2014
    Location
    Online
    Posts
    965

    Please don't take this the wrong way as I seen your company and would like to learn more. As a company that is wanting to make a difference and assist Merchants who are overwhelmed by their current MCAs, you may want to offer more information other than a "We do consolidations!" I speak for all when I say we are exhausted by that saying.

    Are you offering actual loans? Loans with a daily payment is not a loan- it's a restructured MCA. Secure/unsecure? How long do your payments extend? Most MCA balances exceed monthly deposits and to comfortably leverage a consolidation you would need to extend payments more than 12 months.

    As a person who has seen MANY consolidation requests- each deal has been passed around like a hot potato and declined several times. Can you give us an example of a consolidation your company has done before?
    Amanda Kingsley
    DailyFunder: WhoisKingsley
    This is me. https://www.facebook.com/whoiskingsley
    I am Here too. https://www.facebook.com/groups/TheClosersGroup

    Always Live and Lead with Integrity.

Similar Threads

  1. Replies: 0
    Last Post: 06-26-2015, 03:28 PM
  2. Replies: 0
    Last Post: 06-26-2015, 03:13 PM
  3. Replies: 8
    Last Post: 03-26-2015, 04:30 PM
  4. Replies: 30
    Last Post: 02-27-2014, 04:41 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Lendistry welcomes new CFO
LegalZoom partners w/ businessloans.com
iBusiness Funding acquires Funding Circle


DIRECTORY