At Monberg, we facilitate to provide consolidation capital to take out the existing debt that is straining your cash flow. A large amount of surplus of cash is offered to you as one payment.
It is an option where the lender pays out all of the advances at once (up to 3 positions).
In this option, the lender gradually pays the advances for the merchant while lowering their payments by 20-25% (any amount of positions). The terms can go from six months to ten years at various rates, depending on what kind of consolidation they want to receive.
Consolidating a Debt with Real Estate as Collateral (Up to 10)
Consolidating a Debt with Equipment as Collateral (Up to 10)
Business Line Program
Businesses can borrow amount from starting from $20,000 to $3,000,000. The assets we look to secure should have minimum auction values of about $20,000.
App-based Business Line Program
Businesses can borrow amount from $20,000 to $150,000. This is strictly equipment only. The program has the same criteria as the Business Line Product but requires a lot less information.
For amount less than $75,000
For Amount More Than $75,000