[PowerlineCapital]

Does anyone know of any Lenders out there that do consolidations? I have a few files where one Merchant does over 200k per month but has 3 loans equaling about 70k & the other merchant does over 100k per month & has 3 balances equaling about 50k.

[Funder Mark]

Wbl

[mrjames]

yes i have some that can do that , will you co broke a fee ?

[TedFundy]

If the client has credit worthy A/R and/or Real Estate, we can pay off the MCA's with an interest only loan until client builds up cash reserves. Then we will factor the A/R for the remainder of the relationship.

When we do this, our facility is usually one tenth of the cost of an MCA.

Send me a PM

[Kevin Henry-Seacoast]

Does anyone know of any Lenders out there that do consolidations? I have a few files where one Merchant does over 200k per month but has 3 loans equaling about 70k & the other merchant does over 100k per month & has 3 balances equaling about 50k.

Hi Powerline,

We are Seacoast Business Funding, a division of Seacoast National Bank. We offer flexible working capital solutions in the forms of factoring and asset based lines of credit. We have done a few deals where the business owner took multiple cash advances and struggles with working capital and put a strain on earnings. We were able to finance the receivables and in some cases included inventory and M&E. Because we are owned by the bank our cost of capital is very cost effective. Because we are owned by the bank does NOT mean we cannot finance challenged credits or companies in transition. Fell free to reach out.... kevin.henry@seacoastbf.com

[dpFund]

Hello Jason,

I am a direct funder and do consolidations. Minimum funding amount is $100k, max is $2MM.

Monthly payment, and the client can pre-pay any time after six months with no fees, penalties or interest.

12-30 month term.

For every $100k of funding, the client must be able to show $13k/month of net income.

Feel free to reach out and discuss.

If it does not work for me you may try Breakout Capital or WBL.

Best,

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

[golf2014]

Wbl only applies if the business owner owns property that has equity..Wbl will put a lien on property if they accept the deal. Must have enough equity.

[Anthony@WBL]

Does anyone know of any Lenders out there that do consolidations? I have a few files where one Merchant does over 200k per month but has 3 loans equaling about 70k & the other merchant does over 100k per month & has 3 balances equaling about 50k.

Dear Jason,

WBL is very flexible in works with Merchants looking to get consolidated as we offer many of these deals a much larger sum of money than other lenders.

We have recently improved our pricing matrix significantly.

Please feel free to reach out to discuss these files.

Best,

Anthony DeLeonardo
Vice President | Regional Wholesale Manager

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

Direct: (646)880-8035
Cell: (862)262-4176
Fax: (551)267-6714
Email: adeleonardo@wbl.com

[mcaguru]

If all else fails for this deal (Because WBL are the real deals) then keep us in mind.