[deemoney]

I have a merchant that needs to payoff 4 existing positions the total is around 2.5mil He's in medical. Average 1.5mil monthly, rev. Strong personal financials and credit. Got into MCA's because didn't have business tax returns. He now has 1 year return but needs 2 yrs for term loan. He wants extended terms to increase cash flow. He's paying over 300k a month currently. Most lenders max out at 1mil. I am trying not to create 3 separate positions but I'm not opposed to it. I already have access to those funders if needed. We're looking to close by Tues the May 19th. Do any direct lenders go up that high in one position? Thanks for your help

[LJH365]

Most true term lenders at $3MM are going to want cleaner seasoning. Might end up being a structured multi-lender solution or hybrid refinance rather than one direct lender taking the whole thing.

Also- why the deadline for May 19? This might get done, but that's s short timeline.

Since it's the weekend - if you want to get a jump on Monday, I'd be glad to take a look at your deal and see if we get get something in motion tomorrow.

Shoot me an email if you want and I'll send you an NDA & our app link.

s

[abfunders]

Yeah, May 19th isn't happening to consolidate that much. In theory Kapitus does 5-year term loans for medical, but he would need a strong TIB and I imagine the stacking would kill it. There are good options here if he'd just be willing to factor that AR, but it's likely there wouldn't be enough to pay off the positions at this time, but at least it gives him a path forward. I would also be happy to assist.

[Business2122]

I have a merchant that needs to payoff 4 existing positions the total is around 2.5mil He's in medical. Average 1.5mil monthly, rev. Strong personal financials and credit. Got into MCA's because didn't have business tax returns. He now has 1 year return but needs 2 yrs for term loan. He wants extended terms to increase cash flow. He's paying over 300k a month currently. Most lenders max out at 1mil. I am trying not to create 3 separate positions but I'm not opposed to it. I already have access to those funders if needed. We're looking to close by Tues the May 19th. Do any direct lenders go up that high in one position? Thanks for your help

I can offer a consolidated MCA and a private credit investment

Email me if interested

[mcadata]

Try Kash Advance: they are big on large files and will make it happen.

Mike Y

Funding Director

Phone: 347-573-1880

Email: [email protected]

[User12345]

For a medical file doing $1.5M a month with solid credit, you can definitely find a single funder to clear out those 4 positions, but you'll need to look at the enterprise-level direct lenders who specialize in high-revenue medical bridge loans or asset-backed lines rather than standard MCA shops. I've seen deals this size get done in a single position when there's strong collateral or real estate to back it up, especially with that kind of monthly revenue. Given your tight Tuesday deadline, your best bet is to hit up large-balance institutional funders immediately this morning, as a standard $3M cash flow raise usually takes more than 24-48 hours for compliance and underwriting.

[jessicanitroadvance]

Send me an email, I'll send you over the iso agreement and guidelines, paying up to 14 points! Jessica Katz Email: [email protected] Website: https://nitroadvance.com/

[orla]

I have a merchant that needs to payoff 4 existing positions the total is around 2.5mil He's in medical. Average 1.5mil monthly, rev. Strong personal financials and credit. Got into MCA's because didn't have business tax returns. He now has 1 year return but needs 2 yrs for term loan. He wants extended terms to increase cash flow. He's paying over 300k a month currently. Most lenders max out at 1mil. I am trying not to create 3 separate positions but I'm not opposed to it. I already have access to those funders if needed. We're looking to close by Tues the May 19th. Do any direct lenders go up that high in one position? Thanks for your help

Dexly finance funds and has no limit on funding amount. Send me an email [email protected]

[hawker8877]

This is exactly what we do . We are private equity and can solve this issue but not by tomorrow. Please email me back or call
We can definitely get this done
David
267 467 4101