Stacking Merchant Cash Advances – Fix Stacked Advances Now!


What is stacking merchant cash advances? Businesses that take multiple short term cash advances are stacking cash advances.   Loan stacking may be hurting your cash flow.    Save your business now with several choices to get out of advances, pay them down, or pay them off.   Apply below.

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Or call us at Tel:  1-919-771-4177.

Stacking merchant cash advances? Tips and steps on fixing
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Get a 2nd position cash advance or a 3rd position mca advance if your company can handle the payments but did not get enough funding from the 1st position merchant cash advance.

FAQ Frequently asked questions about stacking merchant cash advances

What is stacking merchant cash advances?

Stacking is a term used in the mca merchant cash advance industry when a business has more than 1 merchant cash advance at the same time. Businesses sometimes need a 2nd position merchant cash advance or even a 3rd position mca merchant cash advance.

Can you take out an advance or loan if you already have one?

You can can take out more advances loans if you already have one. If your business has the cash flow to afford more loans then you should be able to get another approval.

Can I get a loan from two different places?

Your business can get a loan from two different places. You will be approved if you meet each lenders requirements. As a result, talk to each lender about your business and how much money it needs.

I have several merchant cash advances. How to I get rid of them?

There are several solutions businesses can take to get out of the problem of multiple cash advances. They can get a monthly payment loan to pay them all off. Another way is to use other funding programs such as accounts receivables. Accounts receivables financing allows you to pay off the advances without even having another loan. In addition, it allows your business to improve it’s cash flow by getting paid sooner on the money it is waiting to collect.

How can my business be approved for a consolidation?

Contact lenders that specialize in consolidating merchant cash advances. They should be able to give you criteria over the phone. If you and the lender agree you have a strong chance of qualifying, consider applying for the consolidation.

Stacked merchant cash advances
Need saving from merchant cash advances? Programs now to get out of stacked advances and save your cash flow and business.

Get a consolidation loan to payoff the advances

Through a consolidation loan for instance, the daily debit payment is lowered and term extended.
How can my business be approved for a consolidation?   Contact lenders that specialize in consolidating merchant cash advances.   They should be able to give you criteria over the phone.   If you and the lender agree you have a strong chance of qualifying, consider applying for the consolidation.

Example of too many stacked cash advances:

A company obtains a first position Merchant Cash Advance, then a 2nd Merchant Cash Advance after the 1st one.   The second (2nd) Cash advance is stacked on top of the first (1st) merchant cash advance.  Then they get a third (3rd) Merchant Cash Advance.   The third (3rd) Merchant Cash Advance is stacked on top of the first (1st) and second (2nd) Merchant Cash advance.
The company’s cash flow is too restricted because it may not be able to pay other critical business expenses.  For instance, the business may not be able to pay for advertising, product development and expansion plans it has.

Stacking Example

Below is an example of how consolidating stacked merchant cash advances works.  The required multiple daily payments that are now being debited from your business checking account take away from critical marketing, inventory, and even being able to meet payroll.  As a result, how can your business solve cash flow problems from stacking merchant cash advances?

Acme, Inc.

Acme, Inc.  has 2 merchant cash advances.
Cash Advance # 1  current balance  $10,000  @ $100 per day.

Cash Advance # 2 current  balance $10,000 @ $100 per day

This merchant has 100 days left paying on these 2 advances.   They are paying $1,000 per week and about $4,000 per month.   On a typical consolidation, they will lower their payment by about 50%, thereby lowering their daily payment from $200 to $100.    This lowers their monthly repayment from $4,000 to $2,000 and saves them $2,000 per month.   Sometimes the savings is even more.

Negotiate with cash advance companies to lower the daily payments

How do you negotiate with cash advance companies to lower the daily payments?

Each cash advance company may have a different policy on negotiating to lower your daily payment.   The Lender will consider your specific situation,  and how the request is handled by the borrower.

Review the basic terms of each current advance because the cash advance company has stipulations in the contract you may violate.  The stipulations may say the borrower cannot obtain another cash advance until the contract is paid off.   This is an example of how you may have already violated the terms of the contract.   As a result, the lender may have the option of declaring a default.  For instance, they may require or demand full payment of the remaining balance immediately.  So review the contract carefully before contacting the cash advance company.

Ask for a lower daily payment

Your business can contact the cash advance company and let them know you cannot handle the daily payment.   You need to have the daily payment lowered for your business to be able to continue making the payment.    You will be asked some questions and may have to complete paperwork.  Ask for a pause or break in the payments

Ask for a pause in payments

If your business is only going through a short term slow period in business, it may be better to ask for a pause in the payments for a week or two.   Funders are less restrictive on pausing payments than they are on lowering the daily payments.

Pay off the cash advances with other loans

If the problem of stacking merchant cash advances cannot be solved through a consolidation or negotiation with the lender, another solution is to pay them off because that will fully solve your problem.   For example, some other types of loans are:
–  Asset based loan.   This can be based on Real Estate, Equipment, or both.
Accounts receivables financing.

You can use the proceeds from one of these other loans to payoff the short term merchant cash advances.    You may be able to extend the term to several years, which can dramatically lower your monthly payments.

Using these strategies and tips are the best ways to lower your daily merchant cash advance payments.

The SBA has tips, suggestions and hints at finding solutions to cash flow problems as well as how to create business plans and other business statements that may be requested for any type of financing transaction.

Merchant Cash Advance Consolidation Increases

Merchant Cash Advance Consolidation Increases

If your business is struggling to pay crushing merchant cash advances, then consolidate them.  Merchant cash advance consolidation increases continue.
What is a merchant cash advance consolidation?   A merchant cash advance consolidation is when a business that has more than one merchant cash advances takes out one loan to pay off multiple other advances.   The term of the loan is usually longer than the term of the other advances.

Complete the secure Docusign 30 Second application now.
Or call us at Tel:  1-919-771-4177, or Get an mca merchant cash advance consolidation here.

Businesses that have short term merchant cash advances can consolidate them into one loan with terms between 12 and 60 months.  Pay as little as 20% of your current daily or monthly payment.    If you are paying $100 per day, consolidate and pay between $20 and $40 per day.   The process is easy.  If you have been in business 6 months or longer, apply for consolidation today.

A business can lower the amount they spend on these advances as much as 100% to 200%.

We can take a look at a common example of how much a business can save per month in the repayment by consolidating merchant cash advances.    If a merchant took out a $10,000 advance for 6 months, the monthly repayment is about $2,166.   With a consolidation for 36 months, the monthly repayment can be lowered to about $400 per month.    The merchant will be repaying about 20% of the previous monthly payment.

Callers call in requesting information on identical or similar topics.   Callers request information on a Merchant Cash Advance Consolidation.   These requests will increase.

For immediate release, Pittsburgh, PA  Titan Ironworks announces a Consolidation of $175,000 in Merchant Cash Advances.   President Mark Tillman told the Pittsburgh Business Times, “This Consolidation will improve Titan Ironworks’ Monthly cash flow by $10,000 per month.  We had been paying $25,000 per month between 3 advances.  This Consolidation and extension lowers that to $15,000 per month.  With the extra cash flow, we can again put more monies into Advertising, employees and expanding new product offerings through Research & Development.”   Mr. Tillman also stated that Annual Net Income is expected to increase significantly due to the improved cash flow position.

Other sources of information on merchant cash advance consolidation increases may include the SBA small business administration

Consolidate merchant cash advances


How to consolidate merchant cash advances.  Many businesses have multiple mca merchant cash advances through stacking cash advances and are looking for major relief to lower their daily and weekly payments.   A regular consolidation and reverse consolidation are ways to improve cash flow by as much as 25% to 50%.

How to get a merchant cash advance consolidation:

  1. Calculate how much you can afford to pay per day, week and month compared
    to what you are paying now.
  2. Research and contact companies that offer consolidation programs that match your business needs and daily budget.
  3. Review the qualification requirements and choose from programs that you have the best chance to qualify for.
  4. Do not get another mca merchant cash advance during the term of the consolidation.

Complete secure Docusign 30 Second Application now.
Or call us at Tel:  1-919-771-4177, or Question?

FAQ Frequently asked questions on merchant cash advance consolidation.

What is a merchant cash advance consolidation?
A merchant cash advance consolidation is usually one large loan used to payoff several smaller cash advances.  The goal is to lower total daily payments by extending the term, lowering the rate, or both. However, there are several programs that work differently to lower your payments. Not all of these programs will help your business, so contact us to discuss
I want a merchant cash advance consolidation. How do I qualify?
Keep paying all your current advances on time
Wait until 30 days after the most recent cash advance if possible before applying for a consolidation.   Most consolidation requests are declined if a business took out a cash advance in the last 30 days.    Lenders want to see how a business is paying the most recent advance before a consolidation request is approved.
Your business should not have more than five overdrafts or five NSFs per month.  Then complete the 30 second application above.
How can I get the best Merchant Cash Advance Consolidation?
Complete the one page application.  Provide information on the existing advances.  Give the approximate balance and the daily payment.   List how many months are left on the existing merchant cash advances.  Determine how much per day, week and month your business can afford.
A business may be able to cut their monthly payment up to 50% to 75%.   As an example a business has a $3000 monthly payment on two merchant cash advances combined.   By paying those off with one 48 month loan, the payment can be cut as much as $1750 per month.  By doing so the business now has an extra $1750 per month  cash flow.   It can use the savings for other business expenses.
How much can I save per day or per week?
In most cases, your business can lower payments between 25% and 50%.
How does the consolidation work?
Your business submits an application and the most recent three months bank statements. Your business cash flow is analyzed to determine what your business can successfully pay in full. If it is determined that your business can pay a lower amount for a longer term, an offer may be made. Your current advances are either paid off or the daily payment is covered while you pay a much lower amount for a longer period of time.
Do you offer reverse consolidations?
Yes, we offer reverse consolidation options
What is a reverse consolidation
In reverse consolidation of mca merchant cash advances the merchant lowers their daily as well as weekly and monthly payments by having their total debt extended for a longer period of time

h5>How does a reverse consolidation work?

In a reverse consolidation, the current mca merchant cash advances are covered and paid on a weekly basis. An amount equal to one week of all mca payments are deposited into the business checking account of the merchant. The business then makes a reduced longer term daily payment to repay the reverse consolidation financing. The consolidation financing is for a longer term and often a lower rate than the merchants current mca advances. This allows the merchant to have a lower daily payment and improve their daily and weekly cash flow. Payments are often between 20% to 50% lower than their current advances.
Can you consolidate business debt?
You can consolidate business debt. There are several programs available to consolidate business debt. Other consolidation programs include consolidating merchant cash advances. Real Estate or other assets may be required to qualify for the consolidation of business debt. Some program options include a monthly payment and favorable early payoff options. Other features include higher consolidation approval amounts with high credit bureau scores or using real estate or other assets as collateral.

These businesses want to consolidate mca merchant cash advances, which consolidating an ach loan, or consolidating and ach business loan.    If your business does, it may be able to consolidate merchant cash advances into 1 loan.    Your business may also be able to extend out the term of the advances.   We can assist in paying off 2, 3 or 4 other advances and lowing your payment by as much as 50% or more.

Some businesses have more than one merchant cash advance. Some businesses have 2, 3 or more short term advances.  Due to the monthly cash flow impact, they cannot pay the advances and need cash flow relief.  They need to either consolidate or extend the term.   Consolidation and extending the term is an ideal solution.

Funding can be advanced to allow your business to consolidate merchant cash advances into 1 loan.

Tips on how to get approved for a cash advance consolidation:

–  Keep paying all your current advances on time before applying for a consolidation.
–   Wait until 30 days after the most recent cash advance to apply for a consolidation.   Most consolidation requests be declined if a business took out it’s most recent advance in the last 30 days.    Lenders want to see how a business is paying it’s most recent debt before it agrees to approve a consolidation application.
–  Don’t have more than 5 overdrafts or 5 NSF’s per month.

Consolidate merchant cash advances
Consolidate your merchant cash advances today.

Common concerns and requests we hear:

– I need a mca merchant cash consolidation.
– Help me consolidate my mca merchant cash advances.
– I need to lower my merchant cash advance daily debits.
– My merchant cash advances are devastating my business
– I need help immediately from mca merchant cash advances”
– Please help me save my business.   My cash advances are suffocation my cash flow destroying my business.

Frequent consolidation program features:
– No net funding requirement.
– Any number of positions consolidated.
There are daily, weekly, bi-weekly, and monthly repayment options for several consolidation options and loans.
We try to tie payment frequency to your deposit volume.  In consolidations, the main things at are looked at are:

The repayment history on current advances.

– If we are materially cheaper, and if your business has been able to pay your existing higher cost advances with minimal NSFs, we will aggressively pursue a consolidation.
– Deposit volume and consistency are reviewed.  If deposits vary significantly from month to month, we will typically look at the lowest month when calculating an amount to offer.  Up to 1.25 times your deposits with a 6 to 12 month term are offered.
– (NSF) insufficient funds and overdraft frequency are looked at.

Other features of the Merchant Cash Advance and other loan products:

1. Advances are available in almost all states EXCEPT California.   Term loans are available.

Merchant cash advance consolidation benefits

2. Your future consolidation advance acts like more of a line of credit than a typical advance — a merchant can request additional capital at anytime from us.  We will quickly re-underwrite it with no fee and offer additional funds and keep your scheduled payment the same.

You do not have to pay off our advance with us in order to get more capital.  This holds true if your business requests more capital after one month, or after six months.  Your business saves money at renewal. Your business will not pay interest on interest if you renew for premium programs.

– No origination or underwriting fees unless three or more advances are consolidated.  Then those fees are still lower, $250 to consolidate 3 to 4 advances, $500 to $750 for 5 or more advances).  No NSF fees or other junk fees are charged.
– The maximum initial advance or loan is $100,000.
– This is first position funding only.   This funding can be the only funding following a consolidation.  A standard line of credit, credit card split loan, traditional bank loan.
– SBA loan, car loan, student loans and home loans can be left in place.
– Daily, weekly, bi-weekly, and monthly payment options are available.
Your business may need help creating a business plan.  The SBA can also assist with ideas and programs to develop a business plan.

Representatives service the following cities in the western region and can be contacted.

Alaska, Hawaii and California

In Anaheim, CA and Anchorage, AK. Bakersfield, CA and also in Carlsbad, CA. Chula Vista and also Fontana, CA. Fremont, CA and in Fresno, CA. Hayward, CA and Honolulu HI.  Irvine, CA and in Madera, CA. Modesto, CA and also Merced, CA.  Oakland, CA and in Ontario, CA. Oxnard, CA and Riverside, CA. Roseville, CA and in San Francisco, CA. San Jose, CA and also San Diego, CA. Santa Ana, CA and in Santa Clara, CA. Santa Rosa, CA and Sacramento, CA. Salinas, CA and in San Bernardino, CA. In Santa Barbara, CA and also Santa Maria, CA. Sunnyvale, CA and in Stockton, CA. Thousand Oaks, CA and Vallejo, CA. Ventura, CA and also in Visalia, CA.
West Region:
Representatives in the following cities may also be contacted:

Nevada, Oregon and Washington:

In Bellevue, Washington and Eugene, OR. Everett, WA and in Henderson, NV.  Kent, Washington in addition to Las Vegas, NV.  Olympia, WA and also Portland.  Reno, NV and Seattle, WA. Olympia, WA and in Paradise, NV.  Portland, OR in Renton, Washington.   Salem, OR and in Seattle, WA.  Sparks, NV as well as Spokane, WA. Tacoma, WA, Vancouver, Washington and Yakima, Washington.

Arizona and Utah:

Albuquerque, AZ and Avondale, AZ.  Chandler, AZ and in Flagstaff, AZ.  Gilbert, AZ and in Glendale, AZ.  Goodyear, AZ and also Mesa, AZ. Nogales, AZ as well as Ogden, UT.  Phoenix, AZ and in Peoria, AZ.  Provo, UT and Scottsdale, AZ. Salt Lake City, UT and also Scottsdale, AZ.  Surprise, AZ and aslo in Tempe, Arizona.  Tucson, AZ, Yuma, AZ and San Tan Valley, AZ.

Colorado, Idaho, Montana, New Mexico and Wyoming:

In Albuquerque, NM, Aurora, CO.  Boise, ID and in Cheyenne, WY.  Colorado Springs, CO as well as Denver, CO.  Helena, MT and Lakewood, CO as well as Santa Fe, NM.
South Region:
Consultants in the following cities can be called to schedule a same day appointment
or call:

Kentucky, Virginia, Washington, D.C., and West Virginia: In Alexandria, VA and Arlington, VA. Chesapeake, VA and in Hampton, VA.  Huntington, WV and also in Kenner, VA and Lexington, KY. Louisville, KY as well as Lynchburg, Virginia.  Newport News, VA and in Norfolk, VA.  Petersburg, VA and also in Portsmouth, Virginia.  Richmond, VA and Roanoke, Virginia.  In Suffolk, Virginia and also Virginia Beach, VA.

North Carolina, South Carolina:

In Anderson, SC and Asheville, NC.  Cary, North Carolina and also in Chapel Hill, NC. Charleston, SC and in Charlotte, NC. Chattanooga, TN as well as Columbia, SC. Concord, NC and Davidson, TN. Dunn, NC, Durham, NC and Fayetteville, NC. Franklin, TN, Gastonia, NC. as also in Greensboro, NC. Greenville, SC,  Henderson, NC as well as Hickory, NC. High Point, NC, Kingsport, TN and Knoxville, TN.  In Maudlin, SC, Memphis, TN and also Morristown, TN. Murfreesboro, TN, Myrtle Beach, SC and Nashville, TN.  North Charleston, South Carolina as well as Raleigh, NC. Sanford, NC, Lenoir City, TN and in Shelbyville, TN. Spartanburg, SC, Wilmington, North Carolina and Winston-Salem, NC.

Florida:

In Cape Coral, FL, Clearwater, FL and Daytona Beach, FL. In Jupiter, FL, Fort Myers, FL as well as Ft. Lauderdale, FL. Hialeah, FL, Jacksonville, FL and Lakeland, FL.  Melbourne, FL, Miami, FL and Ocala, FL.  Pensacola, FL, Kissimmee, FL as well as Naples, FL. Orlando, FL, Ormond Beach, FL and also in Palatka, FL.  In Palm Bay, FL, Pensacola, FL and also Port St. Lucie, FL. Saint Petersburg, FL, Sanford, FL and Tallahassee, FL. In Tampa, FL, West Palm Beach, FL as well as Winter Haven, FL.

Alabama, Georgia, and Mississippi:

In Atlanta, GA, Augusta, GA and Birmingham, AL.  Gulfport, MS, Hoover, AL and also Huntsville, AL. Jackson, MS, Mobile, AL as well as Montgomery, AL. Savannah, GA, St. Mary’s GA and also in Talladega, AL.<

Arkansas and Louisiana:

In Baton Rouge, LA and Fayetteville, AR.  Forrest City, AR,  Lafayette, LA and Little Rock, AR. Metairie, LA and New Orleans, Louisiana. Baton Rouge, Louisiana, Shreveport, Louisiana and also Lafayette, Louisiana.

Oklahoma and Texas:

In Arlington, TX and Austin, TX.  Bartlesville, OK, Beaumont, TX and in Corpus Christi, TX. Dallas, TX, Edinburg, TX and in El Paso, TX.  Ft. Worth, TX, Houston, TX as well as Killeen, TX. Lafayette, LA, Mission, TX and Muskogee, OK.  Oklahoma City, OK, McAllen, TX and also in New Braunfels, TX.  Round Rock, TX, San Antonio, TX, as well as Shawnee, OK.  Sugarland, TX, and The Woodlands, TX as well as Tulsa, OK.

Midwest Region:
Representatives in the following Midwest cities can be contacted:

Illinois, Indiana, Wisconsin:

In Anderson, IN, Carmel, IN, and Aurora, Illinois.  Chicago, Illinois, Elgin, Illinois as well as Rockford, Illinois.  Joliet, Illinois, Lee’s Summit, Missouri and in Naperville, Illinois.  Springfield,  Illinois,  Peoria, Illinois and also in Elgin, Illinois.  Waukegan, Illinois, Cicero Town, Illinois as well as Champaign, Illinois.  Bloomington, Illinois, Decatur, Illinois and Eau Claire, WI.  Fort Wayne, IN, Gary, IN and in Indianapolis, IN.  Madison, WI, Milwaukee, WI and Naperville, IL.  Green Bay, Wisconsin, Kenosha, Wisconsin, and Peoria, IL.  Racine, WI, Springfield, IL and also Waukesha, WI.

Michigan and Ohio:

In Akron, OH, Ann Arbor, MI and Canton, OH.  Cincinnati, OH, Cleveland, OH and also Columbus, OH.  Dayton, OH, Dearborn, MI and in Detroit, MI.  Flint, MI, Grand Rapids, MI as well as Marion, OH. Maysville, OH, Muskegon, MI and Parma, Ohio.  Toledo, OH, Wilmington, OH, Wyoming, MI and also  Youngstown, OH.

Kansas, Nebraska, North Dakota and South Dakota:

In Council Bluffs, NE and Kansas City, MO.  Lawrence, KS, Omaha, NE as well as Wichita, KS.

Iowa, Minnesota, and Missouri:

In Bloomington, MN and Columbia, MO. Davenport, IA, and also Des Moines, IA.  Duluth, MN and also Independence, Missouri.  Kansas City, Missouri and Minneapolis, MN. Overland Park, MO as well as Rochester, Minnesota.  Springfield, MO, St. Charles, MO as well as St. Joseph, MO.   Springfield, Missouri and St. Louis, Missouri.  St. Paul, Minnesota and St. Cloud, MN.

Northeast Region:

New York:

In Albany, NY,  Batavia, NY and Buffalo, NY.  Cheektowaga, NY, New York City, NY as well as Niagara Falls, NY.  Rochester, NY, Schenectady, NY, Seneca Falls, NY and Syracuse, NY.

Maine, Vermont, New Hampshire and Massachusetts:

In Bangor, ME and Boston, MA. Burlington, VT, Cambridge, MA and Concord, NH. Montpelier, VT, Newton, MA as well as Portland, ME.  Providence, MA and Springfield, MA. In Warwick, MA as well as Worcester, MA.

Pennsylvania, Maryland and Delaware:

In Allentown, PA and Baltimore, MD.  Bethlehem, PA, Columbia, MD and Dover, DE. Harrisburg, PA, Lancaster, PA and in Lansing, MI.  Lebanon, PA, Manchester, PA as well as New Castle, PA.  Philadelphia, PA, Pittsburgh, PA and also Reading, PA. In Salisbury, MD, Scranton, PA and Towson, MD.  In Weirton, PA, Wilmington, DE and also in York, PA.

Connecticut, New Jersey and Rhode Island:

In Bridgeport, CT and Camden, NJ.  Hartford, CT, Jersey City, NJ as well as Milford, CT.  New Haven, CT,  New London, CT and Newark, NJ.  Norwalk, CT and Norwich, CT.  Providence, RI, Stamford, CT and also in Trenton, NJ.

Weekly and monthly payment business loans


Weekly and monthly payment business loans are now easier to qualify for with more choices and approvals. Fast and easy same day or next day funding for regular business loans and also mca merchant cash advances.  Businesses are approved mostly on total deposits each month and the average daily balance in their account.   They can consolidate their short term advances and repay weekly or monthly, not daily.

Complete the secure docusign application now.
Or call us at Tel:  1-919-771-4177, or Question? Tell us what do you want to do?

FAQ Frequently asked questions on weekly and monthly payment business loans:

How can we qualify for a weekly or monthly payment business loan?

Businesses that have more than 3 months time in business, credit scores over 625, no overdrafts and average daily balances over $1,500 may qualify for a weekly or monthly payment

My business already has a daily payment cash advance. Can I get a monthly payment now?

Your business might still qualify for some monthly payment loans if you have a daily payment already however it is harder. If you already have one or more daily payments then your credit score, time in business and cash flow in the business bank statements all have to be strong. You may then qualify for a 2 to 10 year term. Rates will depend on the strength of your business. The daily payment may be paid off if the balance on it is low enough and you have less than 4 months left on it.

Our business has been declined for unsecured monthly payments because we have more than one daily payment cash advance. Are there
any other options left?

If you have assets to secure like real estate or equipment, then your business may still be able to qualify for a monthly or weekly payment. This may include paying off all the advances you already have. If there is enough equity in the real estate or equipment then the entire balance could be payed off and you would not have any more advances.

In the past, only a daily repayment option has been available.  Merchants and businesses cash flow has been under pressure to meet the daily payment.
“want an installment loan”

Based on the stress daily repayment loans put on a business’s cash flow for short term loans, there has been a high demand for this type of financing.   Customers have been calling in and specifically requesting monthly payment business loans.  This includes Monthly repayment business loans, as well as weekly payment business loans and weekly repayment business loans.   The requests by callers have varied further with other requests asking for a consolidation of short term loans.   Most requests are for a consolidation of short term business loans, and to consolidate merchant cash advance loans into longer term business loans.

Recent Case Request

A Timber company in the Southeast wanted a Weekly or Monthly payment for working capital.   They were denied.  The reason?
In addition to their credit score being too low, they already had 3 current advances.
If a business already has 2 or 3 Advances, they will not get another advance that
has a Weekly or Monthly payment.
It will be hard for them to get any type of business loan in addition that has a Monthly
or Weekly payment behind 2 or 3 current advances that have a daily payment.  It is
considered too risky by underwriting.  Any daily payment advances have a very high
monthly amount the customer has to repay.   If another Lender gives the customer Monthly payment behind 2 daily payments, they are more likely not to be repaid because the
customer is already putting out major cash flow every month on their daily payments.
The Monthly payment loans are not prioritized because they are paid later.

Calls often involve businesses saying they have a cash flow emergency or have to immediately or are desperate to payoff short term advances.   Some merchants say they cannot handle the advances anymore and have to term them out.   Merchants have also said their business cannot continue with the merchant advances they have.   In just about all cases they really want help getting out of their merchant advance problem.

weekly or monthly ach business merchant repayment
Get a weekly or monthly business loan payment

Payment Examples

If a business merchant was approved for a $50,000 advance with a 12 month repay at a 1.33 rate factor, the daily repayment would be $263 per day.

With a monthly ACH business merchant repayment or weekly merchant advance,  the repayment is as follows below:

$1,385 Weekly ACH Business repayment or weekly ACH merchant repayment
$5,541 Monthly ACH Business repayment or Monthly ACH merchant repayment

Merchants still have to meet the total debt repayment.   There may be more flexibility in the repayment and term options.   If the business can qualify for weekly or monthly repayment,  they don’t have to review their cash flow each day to make sure they can handle the next day’s payment.

This will lower the daily burden on businesses.   It also prevents the chance each day of a check bouncing and having an NSF insufficient funds.  It can help a business from getting behind in only a few days with the daily repayment.  With the daily repayment a business may more quickly get itself into a cash flow problem it has a hard time getting out of.

Qualification Requirements

To qualify for the weekly and monthly ACH business merchant repayment options, a business will need to have a longer time in business and more consistent cash flow.

Businesses that are seasonal, have inconsistent cash flow and have been in business for less than 1 year may prefer to choose the daily or weekly repay.   For those businesses, having the weekly or monthly repayment can lower the burden of having to make a much larger payment at the end of each week or each month.

Many businesses have good overall monthly cash flow, but low cash flow days during the month.    By setting a weekly and monthly ACH business merchant repayment, these businesses will be able to meet their repayment terms.   If they have one, two or even three low cash flow days each month, it will affect them much less with the weekly or monthly repayment.

Different MCA repayment terms

Businesses can easily calculate the different repayment terms.  Whether a business chooses a weekly ACH repayment option or a monthly ACH repayment option, the payment can be easily calculated.

Example:  A business is approved for a $100,000 “short term business advance” for 12 months.   The rate factor is 1.27.   The daily repayment is $504 (127,000 % 252).   The weekly and monthly repayment is calculated below.

Weekly repayment is $504 X 5.25 = $2,646.   The monthly repayment is $2,646 X 4 = $10,584.   The total repayment is $10,584 x 12 = $127,008.

Customers can look at the daily, weekly and monthly repayment terms to determine which one will work best for their business.   The programs available are numerous and will vary.  Business owners call in frequently asking for a weekly or monthly cash advance loan.   Often they will just ask for a monthly payment business loan.
Other sources of information on merchant cash advance consolidation increases may include the SBA small business administration

Payoff merchant cash advance

How can you payoff a merchant cash advance?  Escape your merchant advance by paying off the balance and terming it out much longer. Terms from 6 or 9 months and all the way out to 36 months or longer.
Join thousands of businesses who have paid off their merchant cash advances.
Apply below today.
Complete the secure Docusign 30 Second Application now.
Or call us at Tel:  1-919-771-4177, or Question? 

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 your merchant cash advance
and help you set up a 24, 36 or 48 month repayment term.   Even if you only want
to term the balance off to 24 months, this will significantly reduce your monthly payment compared to what your business was paying.

Payoff merchant cash advance

If you took out a $25,000 merchant advance for 6 months you were paying around $248 per day, or $5,457 per month.   By terming the financing out to 24 months, you will reduce the monthly payment to $1,562 per month, which is only 28% of what you were paying.  If you go out 36 months, you will reduce your payment to $1,083 per month, 19.8% of the amount you were paying.   This difference will make a dramatic positive influence on your cash flow.

FAQ’s:
How do I payoff my MCA Merchant cash advances?   What is a an MCA Merchant Cash Advance Payoff?
My MCA Merchant Cash advances are killing me.  These MCA merchant cash advances are killing my business and going to force me to close my business.   How can I save my business from these MCA’s?
These financing products all payoff MCA merchant cash advances.   The payoff is through a consolidation that lowers your daily payment at least 40% or more.    Start now.

Most frequent Requests:
– Help me payoff my MCA Merchant Cash Consolidation.
– I need get rid of my MCA Merchant Cash Advances
Help my business get out of my cash advances.
Some customers call in, skip the questions, and just ask us to do consolidate advances.  All of these requests fall into the same MCA consolidation relief product.

For immediate Release – Tucson belt company pays off merchant cash advance with 1 loan.

The company had 3 merchant cash advances totaling $75,000 with a total monthly payment of $15,000.   The monthly payment was using almost all of the company’s cash flow.   The company had 6 months left on their advances.   The three advances were combined for 1 loan for 12 months.   The monthly payment was lowered to $7,500, thereby increasing the company’s cash flow by $7,500 per Month.   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 monthly cash flow.   We will be able to increase our advertising and inventory levels.   Gross receipts are expected to increase and net income rise.  We look forward using the increased cash flow for productive reasons.”

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 cash flow relief.

Callers will say they need to get out of a merchant advance to help payoff a merchant cash advance.  Other callers say they need to escape a business cash advance.    Many businesses will admit they can’t handle our business cash advance.   They will specifically say: We are trapped in a merchant cash advance.   The message is always similar in that business owners tell us they are trapped in a merchant advance.   

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 business 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 business days afterwards.

payoff merchant cash advance
How to payoff a merchant cash advance

For other resources such as writing a business plan, you can contact the
<a “href=”http://www.sba.gov/”>SBA

How to get out of an mca merchant cash advance

How do I get out of my merchant cash advance?  Many businesses have taken out short term advances against their future sales.  Stop your crushing merchant cash advance nightmare immediately and permanently.

There are several program options to eliminate advances, for instance, a payoff, consolidation and also asset based programs and more.   Get your freedom and business back.   Apply now, below:
30 Second Application
Secure DocuSign 30 Second Application here
Call us at Tel:  1-919-771-4177, or Question? Contact us here.

How do I get out of my mca merchant cash advance?:

  • Search online for programs that will help you exit your merchant cash advances without defaulting or having problems with your existing merchant cash advance companies.   Also look at any reviews
  • Programs that will payoff your other advances while you pay a consolidation or business loan will be the best option.   For example, settlement programs are usually not the best choice.
  • Review the features and benefits of different cash advance consolidation relief programs so you can make sure they apply to your business.

    Review the programs for consolidation and cash advance relief
    Read the features and benefits of each mca cash advance consolidation and relief program.
  • Pick the program that you feel is the best match to get your business safe from your cash advances and discuss the program details with the representative.

    Choose the best mca merchant cash advance payoff program
    Select the program that you think is the best one to payoff your cash advances and keep your business open
  • Apply. If approved then review terms and closing stipulations. If the new terms put your business in a cash flow position that will allow you to stay in business you can consider closing the transaction.

    Review whether the new terms will allow your business to survive
    Review terms and closing conditions. If the cash flow will help you stay in business consider closing the transaction. Review the closing conditions to get all the items needed to fund the transaction. This may include payoff letters from your current mca merchant cash advance companies. Determine the payoff for several days in advance.
  • When closing get all items needed to meet the closing conditions.  For example, this may include payoff letters from your current mca merchant cash advance companies.  Also get the payoff for a few days into the future.

FAQ Frequently asked questions on how to get out of a merchant cash advance.

Question: How do I get out of my merchant cash advance?
Answer: There are monthly payment programs as well as asset based and cash flow improvement programs. The programs that improve your cash flow do not involve settlements or negotiation to lower your payments. Your current cash advance companies will not be contacted and you do not have to fight with the cash advance companies.
Question: Are there longer term options?
Answer: The good solution to the I want to get out of my merchant advance dilemma may well be to take the amount they owe, and extend the term out to 24, 36, or 48 months or longer. Businesses can take out an asset based loan against their equipment, or a general loan against the business. Smallbusinessloansdepot can help. We specialize in helping you get out of a merchant advance with often simple and easy loans that range from 24, 36, or 48 months. The business can choose any of these term options. Most businesses say they want to payoff my merchant advance and are happy to be able to extend the term to 24 or 36 months, which are the 2 most frequently chosen options.
Question: Can I get emergency cash flow immediately to save my business from my merchant cash advances?
Answer: Yes. Programs are available to allow your business to payoff or get immediate relief if your business is suffocating from merchant cash advances that are taking too much out of your account. Options include extending the term as well as lowering the payments and settlements.
Question: How fast can I get out of my merchant cash advances?
Answer: Processing time from application to funding is 2 to-3 business days but can be as fast as the same day. If you apply immediately and return completed closing documents it is possible to get funding within 24 hours or by the end of the business day.?
Question: Can I declare bankruptcy on my cash advances?
Answer: Bankruptcy is normally a filing on all creditors or specific creditors and not just merchant cash advances. You can contact an attorney to receive more specific information about your options?
Question: Can I stop payment on my mca merchant cash advances to get out of them?
Answer: This is not recommended. While you have the ability to do so it is considered a default by the mca cash advance companies. Very large default fees and penalties apply. The cash advance companies will often file a coj certificate judgement against you immediately if you stop payment on their daily payment. A much better option is to contact the mca companies to discuss other options.
Question: Are there state or federal laws to protect me from merchant cash advances?
Answer: There generally are no state or federal laws to protect you from mca merchant cash advances. However you review existing state or federal laws if you feel there is the possibility that the contracts may violate laws.

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Other frequent requests for assistance:
– Help me save my business.
– I have a problem and need to escape my merchant cash advances.
– I need to stop my merchant cash advances.
Many customers don’t ask questions just and say they need to be rescued from their advance emergency immediately.
– I have a problem paying my mca’s.

Most common requests and comments by callers:
I need emergency cash flow right away. Most callers say they need immediate cash flow.    Some callers still have signifiant cash flow and say they need another advance asap.

1) These cash advances are destroying and ruining my life and my business.
2)  I am suffocating from my merchant cash advances and need to lower my merchant cash advance payments.  Also, I need emergency funds right now.
4) My merchant cash advance payments are killing me, so I can’t sleep and am also having night mares from what these cash advances
are doing to me.   Merchant cash advances are strangling my business cash flow.

 

How to get out of merchant cash advances

Resources:

For more information on business in general and business loans, also visit SBA Information and Options

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