A reverse consolidation means that we will provide the business with a loan in exchange for taking on the daily or weekly payments incurred from the merchant cash advance. By extending the loan repayment term, a reverse consolidation lender provides a business with more breathing room. This is especially useful if cash flow is tight or credit sales aren’t performing as well as expected. By taking out a reverse consolidation, it can typically lower payments by 40% to 60%.
With just a funding application and 6 months bank statements we can determine how much funding you qualify for, without effecting your credit.
Having a healthy daily banking average and a minimal amount of insufficient funds will increase you funding amount.
Without impacting your credit and within 72 hours we can provide you with a satisfactory funding contract.
It’s important to remember that the average loan from a bank takes 24 hours to gather the necessary document, while our funding takes less than 2 hours to gather the necessary documents.