[abfunders]

This is what I'm trying to accomplish. The reason the ucc would need to be subordinate is because he has a $14mm loan with some credit union and they have a senior lien

How much equity is available in the RE? I'm not sure that there's very much, and the credit union has $14mm, which definitely includes the AR. Squeezing out $1mm out of the real estate with WBL might be a way out, IF there's enough equity. There is one lender I know of who can factor in a 2nd position, but they'd have to take out all of the MCAs, the question would then be.... how much is left for working capital or are they just digging themselves into a deeper hole? These deals often are too complicated before they're in too much MCA debt before people with level heads prevail.