Reverse consolidation leaves the multiple merchant cash advances in place, but with reverse consolidation the cost of the daily payments are taken care of. In return, the small business pays the a fraction of what they had been paying – but for a longer term than they had with the original advances.
- Amount up to $500,000
- Repayment up to between 6 to 24 months.
- Repayment based on fixed future receivables up to 24 months
- 6 months business activity
- Minimum 500 Credit Score