[Olderguy]

Cant factor because he has 1.7mil in MCA and that has a 1st lien on their UCC's. I would like to look at this wholistically. I might be able to find something I MIGHT.

What I'm suggesting if you do a partial paydown the MCAs with hard money property loan so I am thinking the A/R factor will work with the hard money buydown. I just don't know what that number would be. Buy it down to the amount the factor can say "Ok I can factor this amount to take out these remaining UCC's" I'd have to have a factor look at the A/R and UCC's and give me a number - dollar amount they could use to factor, and pay down the MCA's to that amount.

Here's what I need:

Business Information

A document that confirms your business name, structure, and ownership. Typically, registration papers from the state that you registered the company.
A copy of the driver’s license of the owner(s) of the business. This is used to confirm your identity and is needed for our files
Completed and signed Certification of Beneficial Owner(s) (Click here to download)
Financial Reports

Please note updated versions of these items may be requested again closer to closing.

Accounts Receivable Aging Summary and Detail report
Accounts Payable Summary and Detail report
Profit & Loss Statement and Balance Sheet (most recent quarter and year)
Your last fiscal business income tax return.
If you are a new business and did not file a business tax return last year, please provide a copy of your personal federal tax return.
Business bank statements for the past three to six months.
A document that confirms that your payroll taxes are up to date.
If you do not have employees, this is not necessary.
If you use a payroll service, ask them to email you a copy of your most recent 941 and proof of payment. You may already have a copy in your files.
If you do not use a payroll service, please provide a copy of your most recently filed 941 form and a copy of the check (or check stub / bank statements)

And a schedule of liabilities showing all the MCA's with UCC

https://drive.google.com/file/d/18Hz...ew?usp=sharing

I have a medical factoring company I am affiliated with and I can have them review this.