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!
I have seen a lot of files that have multiple positions and are not necessarily 'over leveraged' or a 'waste of time'. Consider a car dealership that brings in 1 million+ a month, and no one is willing to offer more than $25k at a time, often the ISO will bring together multiple offers of 25k each. The merchant now has 5+ positions but the total debt is still less than 20% of its monthly sales gross.

Bottom line- if there's enough room in the daily cash flow to nicely afford another position, some funders will still offer something, even with 8 positions.