FundKite Glossary of Business Finance Terms.


Consolidation Deal

FundKite would make an offer to purchase an existing position, or several existing positions, and have the merchant net in excess of 50% of the amounts being purchased. For example, a merchant has two positions with an outstanding debt of $50,000. In order for this program to work, the merchant would need to qualify for a minimum of $100,000 so that after the $50,000 in positions were purchased, the customer would still net $50,000. FundKite buys out up to 5 positions.

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Funding Options

From $100,000 to $2,000,000

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