Our client had $150,000 due over the next 15 months with daily payments of $476.00
We replaced the advance with a $150,000 6% ten year Installment loan paying the MCA off.
The results were to reduce their monthly outflow from $9,996 monthly to $1,665 monthly. The resulting difference is an additional $8,331 in monthly cash flow.
The client is taking out a new MCA for $130,000 using the additional cash flow.
The merchant has increased their working capital an additional $130,000 with no increase of monthly payment.
For more information please contact Bob at 734-929-3800