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07-07-2017, 10:01 AM #1
- Join Date
- Jul 2015
- Posts
- 168
CAN offering 'BOTH' Term Loans and MCAs in all 50 states?
Anyone here know what the difference between their loan v. MCA product now is? I would think the loan would be a LOC or something like that but press release says "term loan."
Does anyone know if what they are now offering in the MCA v. Term loan has a real functional difference? Or perhaps the split/lockbox is structured as an MCA and the ACH program as a term loan?
Only other thought is that besides Varadero there is another credit facility still open to them but it only accepts either a loan structure or an MCA structure to be fed into it and Varadero only wants the other.
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