Consolidation - $500k
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  1. #1
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    Consolidation - $500k

    Looking for an mca lender to consolidate with no net rule... that can possibly put together a consolidation of roughly 550K in advances. Merchant balance is approximately that (550K), and merchant is willing to pay off roughly 50-100K with his own money. Basically based on his payments hes looking for 500k over a year and at a 1.45 which would cost him more over the long term, but lower payments to help with cash flow. Payments are $3300 a day with first position, $1300 a day with second position and $900 a day with third position. Term product wont work here. So looking for MCA only, direct lender.

    Thanks.

  2. #2
    Senior Member Reputation points: 68233
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    jjdcnetrex2,

    If you cannot find what you want here (MCA), we can likely assist.

    RG

    Business Capital Consultants
    775 Park Avenue Suite 255
    Huntington, NY 11743

    Direct 516 510 3855

    Also Hudson Valley office in Fishkill NY

    Toll Free 877 421 5610

  3. #3
    Senior Member Reputation points: 32658 Zach's Avatar
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    Quote Originally Posted by jjdcnetrex2 View Post
    Looking for an mca lender to consolidate with no net rule... that can possibly put together a consolidation of roughly 550K in advances. Merchant balance is approximately that (550K), and merchant is willing to pay off roughly 50-100K with his own money. Basically based on his payments hes looking for 500k over a year and at a 1.45 which would cost him more over the long term, but lower payments to help with cash flow. Payments are $3300 a day with first position, $1300 a day with second position and $900 a day with third position. Term product wont work here. So looking for MCA only, direct lender.

    Thanks.
    If the borrower has sufficient real estate collateral, WBL can consolidate either all of their positions or a partial consolidation, depending on which option would be a better financial solution for the borrower.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801

  4. #4
    Shoot me a PM with your contact info I may have a solution.

  5. #5
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    New York, N.Y.
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    We would like to earn your business and show you why over 500 ISO's use Cash Village funding!

    Cash Village Funding, LLC :

    Our rates and terms
    Our factor rates are between a 1.38 and a 1.49, with opportunity to up-sell at a 1 to 2 ratio. Our terms are anywhere between 3-8 months.

    Positions
    First to eighth position, if room allows.

    Response time
    After submissions, responses within 6 business hours.

    Renewal time frame
    We can refinance merchants after they are 50% paid off and we can provide another position after 30 days of payments.

    Early payoff discount
    We offer early payoff discounts on all contracts.

    Consolidations
    We can consolidate merchants with no net requirement.

    Stipulations
    Void check, driver’s license, business license, and landlord.





    All the best,

    Thank you,

    ISO@cashvillagefunding.com

    Cash Village Funding, LLC.

    www.cashvillagefunding.com

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