3 MCAs same company
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  1. #1

    3 MCAs same company

    Does anyone know who will allow consolidation of 3 MCAs?

    A 1st, 2nd and 3rd all rolled in to one???

  2. #2
    Senior Member Reputation points: 23085
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    Quote Originally Posted by 5 Year MCA Veteran View Post
    Does anyone know who will allow consolidation of 3 MCAs?

    A 1st, 2nd and 3rd all rolled in to one???
    Steve at Nu look is the man! I would not recommend PFS but that is just my personal experience ( I dont like the communication as they call the merchant and send offer before you even know if its approved or they take a week to UW and the split commission i.e. 5% on the front and 3% when the file completes is not ISO friendly)

    Only thing you have to make sure generally is if the merchant is either 50% paid down on most if not all loans and/or he doesnt owe more than he makes in a month. For example if he does 100k and owes 50k on all loans you have a strong candidate for consolidation, if he owes 75k its tight but can be done by picking 1 or 2 loans off but not all 3.

    Hope that helped!

  3. #3
    Nu Look Funding?

    Heck ya it helps man!

    Thanks so much!

  4. #4
    Senior Member Reputation points: 23085
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    I also have a private investor that would compete on such a deal should the numbers make sense as I explained, DM me and we could discuss further, never hurts to have a 2nd offer to leverage.



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