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Glossary

FundKite Glossary of Business Finance Terms.

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

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