The merchant is looking for 184k going to payoff 134,000 to net 50k, Even if they get a factor rate at 1.25 the cost on 184k will be 46k and is only netting 50k. So now that 1.25 is actually costing them 99%. Has that been explained to them and see if they can get a third position which would be a hell of a lot cheaper. Or maybe payoff the second position at least so it will not be as bad as paying off both positions.