[dpFund]

If they net around $150K a year (I doubt it) you may be able to get them into Dan Page's program. If they're willing to lose a home they own, maybe WBL. Other than that this seems pretty tough.

Thanks for the mention. While I do a lot of consolidations, I agree this one seems like a challenge from what I see.

In reference to another email string here on the forum...we have seen a noticeable increase in late delinquencies/defaults. While we are absolutely still doing consolidations, we are peering very far into financials and business strength and applying more controls than in the past. We can help clients that used cash advances to address a short term problem/opportunity and want out from under the yoke of the dailies. But I cannot help clients who have gotten themselves in way over their heads and continue to make bad financial decisions. :-(

[RichardGerard]

While 5 positions for 76k on an average of 83k per month is challenging, if the client has a decent Gross profit margin it is certainly not impossible to do- especially if there are assets. Alleging there isn't Senior Debt on top of all these, the debt itself isn't the issue- its the amortization.

OxfordDan on this blog can vouch that we consolidated 14 positions (1.6M), AND had to arrange a 300k Bridge for the client to make payroll.

It's all about the details.

[sergio]

Sergio S.
Financier

PMF Capital
40 Wall Street, Suite 501 | New York, NY 10005 Office: 917 291 9476 Facsimile: 212 931 6849 call me

[Zach]

Worst stacking I've seen, the merchant had 9 positions, $600K in advances.

Believe it or not, one time I saw a deal with 13 positions. Borrower had around $5MM of monthly revenue... the "florist", the deal was nicknamed ;-)

[RichardGerard]

Believe it or not, one time I saw a deal with 13 positions. Borrower had around $5MM of monthly revenue... the "florist", the deal was nicknamed ;-)

Consolidated that one too lol

[Cashvillagellc0102]

We have had the pleasure of communicating with you in the past, but we haven't heard from you recently. 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.


Email me back with the ISO agreement, W-9 signed and we can get started making you money!


All the best,

Thank you,

ISO@cashvillagefunding.com

ISO Relation / Underwriter

Cash Village Funding, LLC.

www.cashvillagefunding.com

Tel: 212-495-9924

[Cashvillagellc0102]

We have had the pleasure of communicating with you in the past, but we haven't heard from you recently. 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

Tel: 212-495-9924

[LJH365]

Worst stacking I've seen, the merchant had 9 positions, $600K in advances.

Was that an autoshop in CA? I think I had that deal once. Tried to consolidate him with DP and the guy started defaulting on his mcas before it could be saved. Sad.

[Oxforddan]

I can vouch for richard Gerard on his previous post. Not only did we leave the client in a MUCH better position we did well off the deal as well.

[Anthony@WBL]

Dear Broker Company,

WBL has the ability to consolidate existing advances – or defaulted advances depending on assets the client has.

In just recent weeks our pricing has dropped significantly.

Please feel free to give me a call to discuss the file.

Anthony DeLeonardo
Vice President | Regional Wholesale Manager

World Business Lenders
101 Hudson Street, 33rd Floor
Jersey City, NJ 07302

Direct: (646)880-8035
Fax: (551)267-6714
Email: adeleonardo@wbl.com