Glossary
Combining several obligations into one new obligation, usually with a single payment.
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As explained by Merchant Fund Express: Combining several obligations into one new obligation, usually with a single payment.
Consolidation can simplify payments and lower the weekly or daily outflow, but a longer term can increase total cost.
Consolidation helps when the payment schedule is the problem. Compare total dollars repaid, not just the payment.
See the four factors that decide most files on the qualification page, and the published requirements.
Source: Merchant Fund Express. Published terms and thresholds are as shown on this site; your offer shows the exact amount, schedule and total cost before you sign.
Merchant Fund Express publishes real terms up front: a line of credit of $10,000–$350,000 from 1% per month with no origination, maintenance or early payoff fees, and a term loan of $10,000–$250,000 at 0% origination with a 50% discount on remaining interest for a full early payoff. See the products →
As explained by Merchant Fund Express: Combining several obligations into one new obligation, usually with a single payment.
The glossary covers the main terms in funding. Each term links to related ones.
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