Reverse consolidation Is an ideal program for businesses holding multiple loan positions and cash advances.
Our trusted partners provide business owners with weekly disbursements directly into their business bank accounts to satisfy the cost of their existing cash advance payments.
Reverse consolidations function like a merchant cash advance and are repaid with automatic daily withdrawals at a reduced amount against the outstanding positions. They're a great option for business owners concerned about damaging their credit by settling their debts.
You'll need to meet the following conditions to qualify:
- Substantially high interest rates on multiple loans
- Still have a suitable revenue flow to meet the standards for daily paybacks