Merchant Cash Advance Consolidation

Merchant Cash Advances can help with immediate working capital needs, but too many MCA Business Loans for too long can crush a business. A merchant cash advance consolidation is the fastest way to help most businesses owners in this situation. Those who find out the business loan that was suppose to save them, has them up all night and gives them a sick feeling, trying to figure out how to make payments and payroll at the same time.

There are 6 good ways to refinance merchant cash advances and other high rate business debt.

This article discusses the Fastest Way is to use MCA consolidation or MCA refinancing to restore cash flow to your business. Typically, reducing payments by 20-45% within a day or two.

This might not be the best long term financing option, but this can be a bridge to stabilize, giving you time, to seek a better business loan or business financing solution.

The Multiple Merchant Cash Advance Problem

Were you forced to use HIGH-INTEREST Rate MCA’s or other Short-Term Debt to grow your business or keep it afloat during the bumpy past few years?

You aren’t alone. We talk to business owners almost every day trying to wiggle out of the high daily or weekly payments.

We use a variety of programs to help business owners to sleep at night and work their way back to no debt, or reasonable rate loans to grow their businesses. The refi strategy ultimately depends on your situation.

If you need relief now and don’t have time for term loan underwriting, the program I am reviewing now, can bring relief in a day or two.

The 5 Main Ways to Refi MCA’s….

Purchase Order or Invoice Funding for B2B/B2G
Unsecured Term Loans
Secured Term Loans
SBA or Conventional Loan
Debt Restructuring Program
Fastest Way to Refinance is MCA Consolidation

If you are short on time or can’t qualify for a conventional business loan or SBA loan, you can use MCA Consolidation as Bridge Financing.

If you have 2 to 4 weeks for underwriting, it is typically better to use a secured business loan or unsecured business loan with monthly payments, but if time, credit score, debt service coverage ratio is a factor, this may be the best option you have.

We have several MCA refi or MCA consolidation companies. We are outlining a program that has been successful at bridging the gap for struggling businesses.

Here are the basic requirements and Merchant Cash Advance Consolidation case studies:

Minimum Financial Requirements:

2 or more outstanding MCA or High Rate business loans
>$30K in outstanding Merchant Cash or Business Debt balances
>$30K in business revenue each month over the last 90 days
< 5 negative days per month on checking account
> 12 months TIB
>500 FICO

Preferred Industries include:

Medical Offices
Manufacturing
IT and Software Services
Agricultural Services
Educational Services
Health Services

Industries Not Accepted to This Program: (Accepted to Other Programs- please call)

Gambling/Casinos
Porn/Escort Services
Non-profit
Financial Institutions
Jewelry
Law Firms
Auto Sales

MCA Consolidation Case Study 1

A Business Paying Out 57% of Revenue on 6 MCA’s

Previous Situation:

6 MCA’s/High Interest Loans
$159,000 MCA/Debt Payoff Balance
Weekly Payments of $9,884

Current/Bridge (Cash Flow Restoration) Strategy:

55% reduction in weekly payments
Extended Term to 13 months
$10,000 Additional Working Capital
Weekly Payments of $4,445

Monthly Cash Flow Increase $21,756

MCA Consolidation Case Study 2

Business Paying Out 51% of Revenue on 6 MCA’s

Previous Situation:

6 MCA’s/High Interest Loans
$1,286,500 MCA/Debt Payoff Balance
Weekly Payments of $104,000

Current/Bridge (Cash Flow Restoration) Strategy:

40% reduction in weekly payments
Extended Term to 7 months
$63,500 Additional Working Capital
Weekly Payments of $63,000

Monthly Cash Flow Increase $164,000

MCA Consolidation Case Study 3

3 MCA’s/High Interest Loans
$55,444 MCA/Debt Payoff Balance
Weekly Payments of $3,335

Current/Bridge (Cash Flow Recovery) Strategy:

25% reduction in weekly payments
Term of 6 months
Weekly Payments of $2,500

Monthly Cash Flow Increase $3,340

MCA Consolidation Case Study 4

4 MCA’s/High Interest Loans
$152,000 MCA/Debt Payoff Balance
Weekly Payments of $15,100

Current/Bridge (Cash Flow Restoration) Strategy:

43% reduction in weekly payments
Extended Term to 7 months
$63,500 Additional Working Capital
Weekly Payments of $8,610

Monthly Cash Flow Increase $25,960

There are many more case studies and which type of cash flow restoration strategy will depend on your situation.

Again, the 5 Main Ways to Refi MCA’s….

Purchase Order or Invoice Funding for B2B/B2G
Unsecured Term Loans
Secured Term Loans
SBA or Conventional Loan
Debt Restructuring Program
The Fastest Way to Refinance is MCA Consolidation

If your current payments and cash flow is driving you crazy give us a call at (317) 589-0118 to see if we can help.

You can also schedule a phone meeting or start the application process below:

Next Steps to Cash Flow Recovery and Reduced Stress…

Schedule a Call (317) 589-0118 or Complete Simple App
Simple App, 4 months Bank statements/debt schedule
We analyze. Present Options- same/next day. Saves You Hours of Time & Money
If you are ready to reduce payments, go to https://www.bizfundfirst.com/wc-app
Upload Bank statements or schedule a call https://www.bizfundfirst.com/schedule

If you apply by mobile, (or statements will not upload) please email statements to service @bizfundfirst.com

If you are stuck with the stress of this financing cash flow problem, call us. Let’s start working on a way out of this issue before it kills your business.