REFINANCE ALL MERCHANT CASH ADVANCES TO A TERM LOAN w/ FIXED APR AND ONE MONTHLY PAYMENT

Pre-Qualification Requirements (listed on our application & answer in 24 to 48 hours):

• Names of all MCA Companies owed
• Total Amount Owed to each MCA company
• Daily Payments to each MCA company
• Status with each MCA company (current, default or currently in seizure/garnishment)
• A current AR aging report
• A current AP aging report / debt schedule
• Interim P/L and Balance Sheet and previous year P/L and Balance Sheet
• Last 12 months of bank statements
• Completed loan application & documents listed on application (all listed requirements on last page)

MCA & Business Debt Refinancing General Loan Terms (typically 4 to 7 business days for full underwriting):

• Refinance all of your current merchant cash advances into ONE MONTHLY PAYMENT
• Save 50% to 90% on your total current monthly payment amounts
• Re-amortize your advances to a 2 to 3 year amortization schedule
• Working capital at closing is possible and determined in underwriting
• Loan size (all outstanding advances must total a minimum of $150k up to $5mm+)
• Anticipated annual interest rate (25% to 29%) (equivalent to a 12 month MCA with a factor of 1.25)
• Anticipated average loan terms (1 year term with a balloon payment and renewable; 2 to 3 year amortization)
• Personal & Spousal Guarantees required by all owners with more than 5% interest in Company
• Stock pledge & UCC-1 lien filing
• Sufficient receivable and/or asset coverage for the loan (determined in underwriting)
• End of term refinance program options to renew or qualify for a new operating line of credit or term loan

Contact me for more details:

Stefan M. Bernarsky
Chief Investment Officer
KANJORSKI PARTNERS, LLC
Cellphone: 570-862-7279 call or text
www.kanjorskipartners.com/refinance