DEAL TABLE: $1,300,000 MCA short-term loan pay off to a long-term loan

Information Technology Company with Merchant Cash Advance MCA loans and other high-interest, short-term debt totaling $1,150,000.

The Company was paying $198,000 total monthly payments to MCA companies and short-term debt providers.

At closing, all MCAs were paid off for a discounted amount and zero-balance letters (ZBLs) were issued to the Company from the MCA loan companies.

The Company’s new total monthly payment is now $81,260 (payment reduction of over 59%, down from $198,000), and they were given $250,000 of working capital at closing.

Merchant Cash Advance MCA can destroy a business, and quickly.

Learn how to get out of the vicious cycle of Merchant Cash Advances MCAs through our experts who understand all aspects of Merchant Cash Advance MCA loan consolidation, MCA loan refinance and MCA loan restructuring.

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