Question: Are there a such thing of MCA consolidation or buy out lenders who' direct?
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  1. #1

    Question: Are there a such thing of MCA consolidation or buy out lenders who' direct?

    If so does anyone know any names of the companies and what may be their qualifications? I have been running across many of these questions from Merchant and don't want to keep leaving Money on the table by telling them it's no such thing.



    Thanks in advanced for the love

  2. #2
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    you got the love always ! whats up ...
    Marcus Clapman
    Capybara Capital
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  3. #3
    Where the lender list who does MCA consolidation if that exist

  4. #4
    Senior Member Reputation points: 66013 TheConfidentBroker's Avatar
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    Quote Originally Posted by mrmcfadden View Post
    Where the lender list who does MCA consolidation if that exist
    There isn't. It depends on "who" is in the deal. There were great consolidation/buyout programs in the space (RIP LoanMe). Reverses are even hard to approve. WBL is back if they have collateral.
    Funding is Temporary. Wu-Tang is Forever.

  5. #5
    Veteran Reputation points: 159120 J.Celifarco's Avatar
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    Quote Originally Posted by mrmcfadden View Post
    If so does anyone know any names of the companies and what may be their qualifications? I have been running across many of these questions from Merchant and don't want to keep leaving Money on the table by telling them it's no such thing.



    Thanks in advanced for the love
    Almost all of the A and B lenders in the space will payoff 1 position and a lot of those same funders will payoff 2 positions if the merchant can net 50% of the money.
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  6. #6
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    Most MCA lenders DO NOT like to be bought out buy a 3rd party. The trick is to get them some sort of alternative lending that will give them working capital to buy out the MCA position and negotiate a discount. Someone above is correct though, most "A" Paper lenders will help out with buying out 1 position if necessary.

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