Any options for a merchant that already has a reverse in place?
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  1. #1
    Senior Member Reputation points: 23750
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    Any options for a merchant that already has a reverse in place?

    Approx $200k in monthly Rev, MCA balances approx $120k
    Has current Reverse in place, MCA balances will be paid off around end of Nov.
    ** also has bank loan and LOC in addition that he pays on but those are monthly payments.

    Any options for a merchant like this, ideally looking to get some additional relief on his weekly cost of his MCA's/Reverse

  2. #2
    Senior Member Reputation points: 18402
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    No...wont go behind a consolidation

  3. #3
    Senior Member Reputation points: 68233
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    MCA:

    That you said the client has a loan and a line of credit in place in addition to the Reverse MCA Debt makes me believe that there might be an opportunity to help.

    The 18 Corporate return showing earnings, YTD growth, and decent guarantor credit might qualify the client for another term note.

    Feel free to touch base to explore options..

    Richard Gusmano

    BCCUSA.com

    richard@bccusa.com
    rg@businesscapitalconsultants.com

  4. #4
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    Quote Originally Posted by MCA View Post
    Approx $200k in monthly Rev, MCA balances approx $120k
    Has current Reverse in place, MCA balances will be paid off around end of Nov.
    ** also has bank loan and LOC in addition that he pays on but those are monthly payments.

    Any options for a merchant like this, ideally looking to get some additional relief on his weekly cost of his MCA's/Reverse
    https://dailyfunder.com/showthread.p...peak+solutions

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