Looking for ISOs: Refinancing Merchant Cash Advances to a 24 to 36-Month Term Loan
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  1. #1
    Banned Reputation points: 769
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    Quote Originally Posted by Michael I View Post
    he answered before in a different post because he needs to make a certain percentage and cant have it be usury. this way he can make 40-50 points and have contract only say 20%.
    i fully agree with mica that this helps a merchant however ricky point on how funders will react is a legitimate concern .To me the fact that it is the funder decision and no arm twisting i do not see the issue
    We haven't had one merchant cash company react poorly. They are happy to get their capital back on a file that is overleveraged, especially the 1st and 2nd position funders.

  2. #2
    Senior Member Reputation points: 20323
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    Quote Originally Posted by KanjorskiPartners View Post
    We haven't had one merchant cash company react poorly. They are happy to get their capital back on a file that is overleveraged, especially the 1st and 2nd position funders.


    Are you guys familiar with Solace or New Horizon?


    This program has been around for many years by the way.



















    www.UccRadar.com

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