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  1. #1
    Senior Member Reputation points: 1393
    Join Date
    Apr 2013
    Posts
    358

    Who will fund (and consolidate multiple balances) for performing dealership?

    Merchant doing $200K a month which is about his balance right now as well.

  2. #2
    Senior Member Reputation points: 27404
    Join Date
    Dec 2015
    Location
    Texas
    Posts
    552

    Fico and ave daily balance?

    Funding circle if his credit is their.

  3. #3
    We fund used auto dealerships and will consolidate so long as the merchant nets 50% of the funding amount. We would not be able to net him that if we paid off the entire 200k but we could take out some of the individual positions.
    Kaitlyn Miller
    ISO Coordinator
    770-617-2377
    KM@SuperiorCapitalfund.com
    http://superiorcapitalfund.com/

  4. #4
    Senior Member Reputation points: 1393
    Join Date
    Apr 2013
    Posts
    358

    Not sure on Fico. Funding Circle was an option but this merchant is actually a sole prop, believe it or not. FC won't do sole props.

  5. #5
    Senior Member Reputation points: 18402
    Join Date
    Apr 2014
    Posts
    781

    Superior...u would consolidate auto dealerships..partial consolidations in a restricted industry?? I'm sure the file has to be stellar

  6. #6
    Member Reputation points: 47 mclapman's Avatar
    Join Date
    Mar 2015
    Location
    New York, NY
    Posts
    82

    Who will fund (and consolidate multiple balances) for performing dealership?

    We have a unique consolidation product where the merchant not need to net any money with a goal of saving the merchant money.

    We generally will even leave the merchants 1st position in place and consolidate the additional advances.

    We do this with funding amounts up to 100k

    All the best,

    Michael Clapman
    Director of ISO Development
    EZ Business Funding
    Cell: (347) 538-8100
    Direct: (347) 943-7374
    Main: (212) 201-0747 Ext 832
    mclapman@ezbusinessfunding.com
    All the best,

    Michael Clapman
    Director of ISO Development
    EZ Business Funding
    Cell: (347) 538-8100
    Direct: (347) 943-7374
    Main: (212) 201-0747 Ext 832
    mclapman@ezbusinessfunding.com

    New Deal Submissions: iso@ezbusinessfunding.com

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