MCA Consolidation
Service Description
An MCA (Merchant Cash Advance) consolidation loan is a financial solution for businesses with multiple outstanding merchant cash advances. Merchant cash advances are a form of business financing where a lender provides upfront capital in exchange for a percentage of future sales or revenue. In some cases, businesses may find themselves with multiple MCAs from different lenders, each with its own repayment terms, interest rates, and payment schedules. Managing multiple MCAs can become complex and burdensome, leading to cash flow issues and financial strain. This is where SVC Advantage Group steps in to help alleviate the burdens that are associated with multiple MCA loans by consolidation. Providing simplified repayment, lower monthly payments, interest savings, and improved cash flow.
Contact Details
South Florida