Why would a merchant want to use new money to payoff old money. When you do that it just makes the new money even more expensive. Why would a business want long term deals when business always needs money which is proven with him having 2 current advances and probably more. The merchant needs a short term advance that gives a lower rate and on renewals the funder just extends the term out keeps the one same payment like a line of credit. This is the type of program my company offers on a 1st position mca. You can reach me at either scott@tmrnow.com or 212-220-9872.