Newbie needs some more advice.
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  1. #5
    jotucker1983
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    Quote Originally Posted by ericempire View Post
    So cutting to the chase, I have a pretty good understand of the MCA business, but lack experience and so I turn to you. I reached out to a merchant who has amazing bank statements, but has 7 positions and instead wants to consolidate 150K. Can anyone point me in the right direction, if possible, as far as a lender who would be willing to do this. Thanks in advance!
    - What is the combined total of the balances?

    - What is his gross annual sales volume?

    - How does his level of NSFs/Overdrafts look over the previous 3 months?
    Last edited by jotucker1983; 02-23-2017 at 01:35 AM.

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