Need to consolidate $100K on 3 balances
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  1. #1
    Senior Member Reputation points: 1393
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    Need to consolidate $100K on 3 balances

    Merchant averaging $125K. Looking for lender who requires merchant not to net and can take out 3 balances as Breakout now only does 2.

  2. #2
    Banned Reputation points: 17587
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    IOU maybe? autodecline @ qs with 3 or more non-qs balances last i checked, although they may have changed that.

  3. #3
    Depending on industry ARF has no net requirements.

  4. #4
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    Who is ARF?

  5. #5
    Quote Originally Posted by Quickfunder View Post
    Who is ARF?
    www.arffinancial.com

    Good Luck.

    -Alan

  6. #6
    Senior Member Reputation points: 32658 Zach's Avatar
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    If you can't get it done with ARF, IOU, QS, or Breakout, WBL would be a good potential fit for this type of borrower.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  7. #7

    Need to consolidate $100K on 3 balances

    PM sent. We just did the consolidation on the "Lawyer deal" last month on this forum. No net true consolidation.

  8. #8
    Senior Member Reputation points: 7360
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    I consolidate clients like this regluarly. 3 Balances OK. Cash out not required. Monthly payments. Client can pre-pay any time after six months with no fees, penalties or interest. We are not MCA and do not fund/underwrite the same.

    Net income is the primary driver. For $100k of funding, client must have at least $13,500 of monthly net income (from P&L, not bank deposits).

    Feel free to reach out if you would like to discuss.

    Best,

    Dan Page
    Direct: (303) 938-8280
    dan@fundingstrategypartners.com

  9. #9
    Senior Member Reputation points: 84416
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    Quote Originally Posted by Quickfunder View Post
    Merchant averaging $125K. Looking for lender who requires merchant not to net and can take out 3 balances as Breakout now only does 2.

    Contact us.
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  10. #10
    Lucrative Solution can get this done would love to earn your business, if you can please give me a call to discuss.

    Joey Ganduzzo
    VP of ISO Relations
    (917)-434-7663
    Submissions@slsadvances.com

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