Options for paying off high cost merchant cash advances.
Numerous companies turn to high cost merchant cash advances when cash flow is extremely tight. The problem often becomes worse, as the daily or weekly payments required by the merchant cash advance firm strangles the cash flow of the small business owner.
There are options to pay off MCA'S. If your company has strong enough account receivables, you may be eligible for an advance against your receivables, with a portion of the money going to the MCA company and part going to your business for operational cash flow.
We also have been able to negotiate substantial discounted payoffs or subordination agreements with MCA companies.
If you are looking to pay off your high cost MCA debt, let's talk. 312 582 0929, email@example.com.