MCA Consoldation??? Client paying 1600 daily ACH payments
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  1. #1

    MCA Consoldation??? Client paying 1600 daily ACH payments

    Hey, I have an app from someone that has 4 ach daily payments equaling 1600 dollars. They are looking to consolidate for a better rate and get more cash out. Monthly bank statements are showing 180K+ in deposits. What are my options... Please advise.

  2. #2
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    MCA Consoldation??? Client paying 1600 daily ACH payments

    Call Dan Bush.

  3. #3
    Senior Member Reputation points: 68233
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    Just turned $1900 a day to $3500 a month.. All depends on the Financials... If the Balance Sheet is not under water (And the interims show a profit) there is definitely a chance to cash these folks out and help them immeasurably... Please feel free to reach out to discuss..

    Richard 516 510 3855

    www.businesscapitalconsultants.com

  4. #4
    If you could shoot me your email please

  5. #5
    A lot depends on what their combined balance is with the 4 lender they have out already. Most that do consolidation will need the merchant to net at least 40%

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