How can you payoff a merchant cash advance? Escape your merchant advance by:
- Payoff the balance with a longer term refinance or other small business loans such as a bank statement loan.
- Terms from 6 to 12 months and all the way out to 36 months or longer for asset based payoffs.
- Lower your payments as much as 75%.
- Get the daily cash flow relief your business desperately needs – NOW.
- No delinquencies or defaults with existing loans or advances!
Call 919-771-4177 for more info.
Payoff your merchant cash advance
Determine what your balance is. Complete a list of your equipment assets, which includes Computer, medical, industrial equipment and machinery.
We will approve a loan to payoff your balance and reduce the number of cash advances. We will also help you set up a 24, 36 or 48 month repayment term. Even if you only want to term the balance off to 24 installments, this will significantly improve your company’s cash position immediately.
Payoff Examples
If you took out a $25,000 merchant advance for 6 months, then you were paying around $248 per day, or $5,457 every 30 days.
By terming the financing out to 24 installments, you will reduce the payment to $1,562, which is only 28% of what you were paying. If you go out 36, you will reduce it to $1,083, or 19.8% of the original amount. This difference will make a dramatic positive influence on your cash flow.
Most frequent Requests:
– Help me payoff my MCA.
– I need get rid of my MCA Merchant Cash Advances
Help my business get out of my cash advances.
All of these requests fall into the same MCA consolidation relief product.
Payoff Example:
A company pays off merchant cash advance with 1 loan.
There are 3 merchant cash advances totaling $75,000 with a total monthly payment of $15,000. This burden is killing the company cash flow. They have 6 months left on their advances.
The are advances were combined for 1 advance for 1 year.
The monthly payment was lowered to $7,500, thereby increasing the company’s cash by $7,500.