4 MCA's at $400,000 - does $1M a month....needs help

Merchant calls me with 4 MCA's at $400,000 and needs payment*relief.

Does $1M a month in revenue

Here are some options I discussed

1.* Debt consolidation of your MCA to lower payment for immediate relief

2.* Factoring of your*accounts receivable aging

3.* Cash out second mortgage on your primary residence - has plenty of equity and Fico 700+

4.* Personal loan based on your personal income from tax return - again Fico 700+

5.* See if he can qualify for a better financial instrument - SBA or term loan

Steve Benjamin

Professional Business Loans

522 Contessa

Irvine, CA 92620

steveprobiz@gmail.com

https://probizloans.net/

Broker, Underwriter, general business loan expert

949.228.1050