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03-03-2015, 07:10 AM #1
New Player to MCA Consolidations
Seems as though more and more funders are now consolidating and lowering the amount a merchant has to net for an existing advance can be paid. Received this from Principis yesterday;
Merchants with Existing Advance Balances now must net only 30%!! So 70% of the advance can be used to pay off outstanding advances!!
Ø Principis will pay off multiple advances – a great option for merchants looking to consolidate!!!!
Do you guys think we'll see more A paper funders make this move to offer consolidations?