Results 1 to 5 of 5
-
05-18-2022, 05:54 PM #1
- Join Date
- Jun 2016
- Posts
- 15
Consolidation of cash advances
A tree service wants to consolidate his two cash advances into a single monthly payment. He asks for $50k total to cover the $30k in advances.
Best Regards,
David Noad
Global Financial Services, Inc.
820 67th Avenue North #6923
Myrtle Beach, SC 29579
Skype: DSNoad
Direct: +01 484-767-5985
David@GlobalFinancialServicesInc.com
-
05-18-2022, 06:21 PM #2
LoanMe does monthly.
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
-
05-19-2022, 09:53 AM #3
- Join Date
- Oct 2021
- Posts
- 213
-
05-19-2022, 10:05 AM #4
- Join Date
- Feb 2018
- Posts
- 1,349
has anyone collected data to see if paying off multiple positions makes any sense with performance? meaning, do those merchants just go right back to stacking again?
-
05-19-2022, 10:30 AM #5
- Join Date
- Dec 2021
- Posts
- 154
Capitalize can pay off both positions and net some on top for a weekly payment if the banks justify it.
Please submit the deal to subs@capitalizegroup.com for review.
Similar Threads
-
Reverse Consolidation for Merchants With Multiple Cash Advances
By Chris7lender in forum PromotionsReplies: 13Last Post: 07-19-2017, 11:05 AM -
Consolidation of 600k in advances
By jjdcnetrex2 in forum Deal BinReplies: 8Last Post: 02-28-2017, 01:50 PM -
4 cash advances looking for consolidation
By gail_waters in forum Deal BinReplies: 5Last Post: 09-08-2016, 03:26 PM -
Consolidation needed for 5 advances
By TB-Commercial in forum Deal BinReplies: 9Last Post: 06-22-2016, 02:11 PM -
Merchant with 30K balance on 3 advances. Needs consolidation. Anybody specialize?
By bostriba in forum Deal BinReplies: 4Last Post: 02-07-2015, 10:58 AM