[WestCoastFunding]

Best way to pay off cash advances debt is with EQUITY in any RE owned, ex. Merchant owes total of $120,000 in cash advances with 3 positions over 160 days, which is hurting his cash flow. However he owns the property where his factory is located with a value of $750,000 and $300,000 in equity. Term Loan Lender gives merchant 60% of the equity or $180,000 to pay off the cash advances with a term loan @ 9.99 APR, P+I over 60 months, 30 year amortization. All positions gone and merchant now has payments he can afford.

Your website claims you reduce MCA debt by 50%. How?

You do realize that by refinancing MCA with Mortgages, you are going to increase the debt. Absolutely it will help cash flow and debt service coverage ratio, but debt isn’t being cut. Debt is literally going to increase.

So once again, just how the **** do you “reduce MCA debt by 50%” if the product you’re offering isn’t corporate turnaround? That you blatantly offer that **** on your site should tell funders to stay the hell away from you.

[Karen37a]

Your website claims you reduce MCA debt by 50%. How?

You do realize that by refinancing MCA with Mortgages, you are going to increase the debt. Absolutely it will help cash flow and debt service coverage ratio, but debt isn’t being cut. Debt is literally going to increase.

So once again, just how the **** do you “reduce MCA debt by 50%” if the product you’re offering isn’t corporate turnaround? That you blatantly offer that **** on your site should tell funders to stay the hell away from you.

And I can make the argument that struggling business's who are not making enough money at the end of the month to cover their business expenses who then take out cash advances or loans and still cant catch up, need to look inward and not blame the cash advance for the failure of business...sba statistcs show the majority of business going under or out in 10 years.

So some fool who never should have been an entrepenur...or self-employed small business is now going to not only add more debt to the equation but attach his property and come into the grasp of the dreaded

"loan to own " people....and then lose their property along with the business.. because some of those guys lend with the sole intention of foreclosing.