How to get the best merchant cash advance renewal

Get the best merchant cash advance renewal terms that your business can qualify for. Terms as long as 12, 16, and 18 months with lower rates.   

Apply below now to get a better renewal offer.

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The best merchant cash advance renewal terms: Benefits and steps

  • More money
  • Longer terms
  • Lower rates
  • Payoff opportunities

How to Direction:

  1. Step 1 Talk with a representative at your current mca company.  Give them your most recent three months business checking account statements and ask them to review your file in advance of their underwriting reviewing your request.
  2. Step 2 Ask the representative to estimate the renewal amount, the number of months and rates.  Ask for a better rate on a renewal.
    How to Tip: If a renewal offer is made, ask for  at least a 2% lower rate on each renewal.   Some cash advance companies will not pre-review your file.  If they won’t,  let underwriting process your file.
  3. Step 3 Tell your current cash advance company that you are shopping for a better offer and are comparing their offer to others.
  4. Step 4 Apply with one or two competitors. If they beat your current mca cash advance companies rate and terms, take their approval offer and ask your current cash advance company to beat that offer.   Review the funding stipulations to make sure you can provide everything needed to close.
  5. Step 5 Decide on the best of the offer terms, complete the transaction and receive funding.

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What are renewal options ?

Get a mca merchant cash advance or business loan with the best and longest renewal terms of up to 18 months.
Get a better and less expensive cash advance renewal.   Also available are  large business loans,   bank statement loans, loans against equipment, asset based loans and other options such as paying off your mca merchant cash advances.
Click and apply above now to get your longest merchant cash advance renewal terms.

What can you do to get the best cash advance renewal terms possible? Follow these tips.

FAQ: How to get the best merchant cash advance renewal

How can I qualify for more money on a renewal?

All programs have the most aggressive approval offers on renewals with fast funding. Submit your application and provide
the most recent statements for same day offers.

What are your longest terms?

The longest terms are up to 18 months. Your business will get the longest offer available.
Monthly payment programs are up to 60 months now for qualifying customers.

Can you approve me after I was declined by my current mca for a renewal?

Yes, these programs specialize in approval offers for customers declined for renewals with their current mca lender.
More customers get an approval with the highest offers compared to other advance programs.

Do you match or beat other offers?

We match or beat other offers. Provide the approval information from a competitor to get started on a better approval today.


Before applying for a the advance renewal

Make a list of this specific information.   Discuss it in advance of applying with all cash advance companies you want to talk to. You may be able to either pre-approve yourself or pre-decline yourself before applying. It is better to know you will likely be declined before applying, rather than applying and being declined.

If the cash advance company is not willing to seriously pre-review your file, you can choose to apply anyway.   Your goal is to get as many cash advance companies to pre-assess your file as possible.   Do not demand they do in order to apply.   If you demand that the cash advance company pre-reviews your file, you may be eliminating yourself from the best option available.

Is your cash advance renewal not enough? Then a 3rd position cash advance for instance, is another option.

Leaseback – Why is Heavy Equipment best?

Leaseback  – Why is heavy equipment best?

What equipment is best to use for a leaseback?    In a leaseback transaction, the equipment is sold.  The seller receives a windfall of cash, then immediately leases the equipment back to own without ever relinquishing the equipment.  Heavy equipment, such as construction equipment, is the best equipment to use.      Tractors used for 18 wheelers can also be very good collateral to use for such a transaction.

Heavy equipment of this type holds it’s value in a leaseback.  It takes longer to become obsolete.   Other type of equipment such as computer equipment, medical equipment, landscaping equipment, even Restaurant equipment, obsolete more quickly.
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Some types of heavy equipment, most especially construction equipment, may still be very useful and desirable, even when it is 15, 20 years old.   That is if the condition is still good.    This is true especially for construction equipment.

With the construction industry being in a major slump, both residential and commercial, this is a surprise.   Construction equipment maintains it’s value in a leaseback in large part because this equipment is so widely used and has a large secondary market.   There are many venues to sell Construction equipment in the event of a default.   Tractors for the trucking industry will always be in demand for a good price.  There is a large secondary and wholesale venue for tractors.

Prices will be relatively stable for this type of equipment over time.  Lenders know approximately what minimum price they will receive if they hold this equipment as collateral, which is why they are considered desirable types of equipment in a leaseback transaction.

Small Business Loan Resources:

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