Refinance Funding Circle
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  1. #1
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    Refinance Funding Circle

    Who can refinance a Funding Circle and MCA? 350k total debt 3.5M annual revenues. NO commercial AR or real estate

    thanks

  2. #2
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    Dan page would be the man
    Brent Goggins
    Business Credit Consultants
    ISO Relations Manager
    Direct: 518-776-7501
    Email: BrentG@bccusa.com

  3. #3
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    Thank you for the mention, Brent!

    It is possible to consolidate Funding Circle in tandem with MCA debt, but the challenge will be the percentage of FC debt relative to MCA. Since FC has great rates over a long (3-5 yr) time period it can be challenging to make the numbers work for the client...which gets us back to the amount of MCA debt that is being combined.

    Feel free to reach out and see if we can make this work!

    Best,

    Dan Page
    dan@fundingstrategypartners.com
    Direct: (303) 938-8280

  4. #4
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    Depending on the Historical Financials and profitability (or lack thereof), and balance sheet- there might be several possible solutions.

    As Dan mentioned paying off a 3-5 year credit facility with an 18 month one will be hard to fit into a DSCR equation. However we have been successful in such situations quite often, and have successfully consolidated firms with as many as 13 positions (that showed 7 figure annual losses).

    Feel free to touch base..

    Richard 516 510 3855

    www.businesscapitalconsultants.com

    775 Park Avenue Suite 255
    Huntington, NY 11743

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