Reverse Consolidations
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  1. #1
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    Reverse Consolidations

    I work with FundRite to get these done normally, but unfortunately they dont do deals in California. Suggestions for a good company to work with on these in Cali?
    Appreciate the info
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  2. #2
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    FundKite started doing California a month or so back.

  3. #3
    Fundkite
    Par
    Acquaries
    24 cap

  4. #4
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    Quote Originally Posted by Michael_Prompt View Post
    Fundkite
    Par
    Acquaries
    24 cap
    Acquaries??? Dont know them, do you have a contact person I can get some info from, and thanks
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  5. #5
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    He meant Arcarius

  6. #6
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    Quote Originally Posted by abfunders View Post
    He meant Arcarius
    thank you
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  7. #7
    Yes them lol. Sorry

  8. #8
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    anyone have any thoughts on Arcarius, experiences good or bad? I could be wrong but looking at the ISO agreement I am not sure how much they do on their own paper and how much they Broker out
    Last edited by J.Celifarco; 11-27-2018 at 02:21 PM.
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  9. #9
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    Arcarius are good people know them for awhile they'll do you right
    Irving Winograd
    Unique Funding Solutions
    646-460-3139

  10. #10
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    Arcarius is direct and they are good at consolidations.

    Kermit over at Arcarius is good to work with. He's on this board frequently.

    We've done a couple good deals with them and they pay within a week.

  11. #11
    I agree Arcarius is a good shop. Their office is in the same building as one of our offices, 2 floors up. Jesse Guzman is a stand up guy if you need a contact.

  12. #12
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    besides Par who can actually make 1 million plus offers and fund on reverse consolidations? I have couple big files that could use this program

  13. #13
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    Quote Originally Posted by Sachip24 View Post
    besides Par who can actually make 1 million plus offers and fund on reverse consolidations? I have couple big files that could use this program
    FundRite, Mike Rose is the guy over there and I have had a lot of luck with them getting deals done and I have done a couple 500k+ deals. Not sure exactly what their cutoff is but I have yet to find a deal that is too big for them.
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  14. #14
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    Quote Originally Posted by J.Celifarco View Post
    FundRite, Mike Rose is the guy over there and I have had a lot of luck with them getting deals done and I have done a couple 500k+ deals. Not sure exactly what their cutoff is but I have yet to find a deal that is too big for them.
    do you know if FundRite is direct or brokers?

  15. #15
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    Just to be clear, we fund 100% in house. We allow certain brokers to white label and syndicate on OUR platform. Everybody who chimed in with positive feedback about Arcarius I really appreciate the recognition. Both Jesse Guzman and I pride ourselves on our relationships with brokers. If you have any questions regarding Arcarius please feel free to reach out.


    Kermit Tolbert
    Business Developer
    Arcarius
    Direct-(201)484-8548
    kermit@arcariusfunding.com

  16. #16
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    Quote Originally Posted by Sachip24 View Post
    do you know if FundRite is direct or brokers?
    fundrite is direct
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  17. #17
    Hey! we do reverse consolidations in cali all in house!

  18. #18
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    Quote Originally Posted by ed reach View Post
    Hey! we do reverse consolidations in cali all in house!
    and you are who???
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  19. #19
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    Quote Originally Posted by J.Celifarco View Post
    and you are who???
    It’s Ed.

  20. #20
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    Quote Originally Posted by WestCoastFunding View Post
    It’s Ed.
    see this is why you are essential to these forums. Thank you for clearing that up...
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  21. #21
    Par is definitely one of the best for reverse consolidations

  22. #22
    Quote Originally Posted by ZootSuit View Post
    Par is definitely one of the best for reverse consolidations
    I closed a 963k reverse consolidation with Par in February and have never gotten paid to this day. Beware.

  23. #23
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    Quote Originally Posted by insiderinfo View Post
    i closed a 963k reverse consolidation with par in february and have never gotten paid to this day. Beware.
    smh.

  24. #24
    Senior Member Reputation points: 49585 CraaaCraaa Radio's Avatar
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    Never had a problem with Par (I deal with Jimmy S)

    Premier Capital pays more points 8 to be exact on reverse.


    But as far as not getting paid commission from Par, that has never happened!!!
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  25. #25
    Quote Originally Posted by CraaaCraaa Radio View Post
    Never had a problem with Par (I deal with Jimmy S)

    Premier Capital pays more points 8 to be exact on reverse.


    But as far as not getting paid commission from Par, that has never happened!!!
    You really shouldn't comment on things you know nothing about. & don't get all cocky with the namedropping, it's a telltale sign of proving just the opposite.

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