I've been in the finance business for almost 30 years and I've been in the cash advance industry about 8. In all of my years in business I've never seen a file like the one I received last night!! OMG.....I have a major headache.

Merchant is an upscale restaurant doing about $170K a month in gross revs.
Has 7 MCA's that keep allowing him to renew. Merchant is paying out over $5000/day in MCA's. Hasn't even been in business a year. He owes out approx $484,000 in advances. I need to figure out a way to stop the bleeding with this guy. He already has a small SBA, I may be able to consolidate these advances with a larger SBA, but I haven't completely convinced myself I can get my bank to do it.

Suggestions????