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Asset Based Loan

Payoff Merchant Cash Advances: Cash Flow Now!

How can you payoff a merchant cash advance?  Escape your merchant advance by:

  • Paying off the balance with a longer term refinance.
  • Terms from 6 or 9 months and all the way out to 36 months or longer.
  • Lower your payments up to 75% in many cases!
  • Get the daily cash flow relief your business desperately needs – NOW
  • No delinquencies or defaults with existing loans or advances!

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Call 919-771-4177 for more info.

How to payoff a merchant cash advance

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 payoff or 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.

Example:

Tucson belt company pays off merchant cash advance with 1 loan.

Tucson belt had 3 merchant cash advances totaling $75,000 with a total monthly payment of $15,000.   This burden was killing their cash flow.   They had 6 months left on their advances.   The three advances were combined for 1 loan for year.

The monthly payment was lowered to $7,500, thereby increasing the company’s cash by $7,500.   President Bradford Jennings told BizTucson, “This Consolidation program was an excellent and necessary way to improve the cash flow for these Advances.   It has dramatically improved our financial standing.  We will be able to increase our advertising and inventory levels.   Gross receipts are expected to increase and net income rise.  We look forward to using the increased funds for expansion.”

If you are a business owner that took out a short term cash advance and are saying any of the following things or questions below, contact us today to get instant relief.

Most callers say they need to urgently get out of a merchant advance.     Many companies tell us they can’t handle it much longer and feel trapped.

You will only need to complete a short 1 page Mini app and provide an equipment list which can be completed online.   The approval process takes 1 – 3 days.  If you are approved, the closing documents may be E-Mailed to you or completed online.   You complete them and return the completed documents via fax.   A verbal verification call is completed with you and you receive funding within 1 to 2 ays afterwards.