[NoBigDeal]

Happy Friday folks, wanted to post a quick thread and light a fire on a subject that's been baffling to me in recent months..

MCA CONSOLIDATIONS

It appears to me that several lenders and institutions CLAIM they can do them but in reality seems it's all a smoke screen to data mine and get bigger deal flow...

I'm wondering if those of you that have ACTUALLY completed these would be kind enough to shed some light on an otherwise dark subject...if they were successful.. did it help the business.. Any details of who's actually done them, what type of business's received them, basic specs of the deals, etc.. I think this will help in many fashions, not just for the lenders that may be able to do them, but for the broker market, ISO market and the business's that are getting STACKED over and over and over until they bleed to death

I can't wait to see all the guys chyme in that say they can do them with little to no reputation.. Looking forward to some insight from the DF community

PowerUp used to do it, but last I heard, they've stopped. It's for the same reason why it never made sense for funders to consolidate more than 1 advance. If a merchant has multiple advances, those stackers would just get right back into the deal after they're paid off
You could make an argument about a consolidation for a single advance. Beyond that, can't wrap my head around it