RAMVC trueUP vs. United First aka Global Funding Experts (GFE)
Here’s a cost comparison between RAMVC trueUP’s MCA Reconciliation Services and United First aka Global Funding Experts (GFE) Reverse Consolidation, highlighting the differences in pricing structure and overall value:
RAMVC trueUP:
- Cost: $999.00 to $2,499.00 depending on the number of MCAs involved.
- Benefits: Provides a structured future, retroactive reconciliation and refund approach, addressing the root issues in MCA agreements by enforcing compliance with real-time business receivable adjustments. This approach avoids additional debt and prevents defaults without bundling loans.
United First/GFE Reverse Consolidation:
- Cost: Based on a 1.399 or 39%+ Sell Rate including a 13% commission paid to brokers on the total consolidated MCA amount, significantly increasing the cumulative debt.
- Drawbacks: Adds to the overall debt load by combining MCAs into a single, higher-rate consolidation without addressing the compliance issues in the original MCA contracts. This may offer short-term cash flow relief but doesn’t solve underlying contract issues which created the overall issue.
RAMVC trueUP is a ‘more cost-effective’, sustainable option focused on lawful contract compliance, while United First/GFE’s Reverse Consolidation results in higher costs and additional debt burdens. RAMVC trueUP’s transparent analysis and deep understanding of MCA agreements allow businesses to uncover unlawful financial practices. By investigating and challenging non-compliance issues, trueUP helps merchants reconcile and reclaim overpayments avoiding the burdens of illegal loan structures for a 1X nominal fee.
Read: Technical Blueprint: How Real-Time Reconciliations Work for Merchant Cash Advances (MCA)
For more information on how RAMVC trueUP can assist your business, visit: RAMVC|trueUP
Contact Us:
Toll: +1.888.771.7944
EM: enrollment@RAMreconciliation.com
RAMVC is NOT a financial advisor or legal firm offering any advice. We’re a business group spearheading MCA compliance measures. trueUP performs completely transparent analysis and investigations of MCA holder contracts seeking recoup routes to saving monies.