MCA DEBT SETTLEMENT

       

       First Choice Capital Partners work to resolve the issues the use of Merchant Cash Advances or MCA’s create for a business. We understand that each business is unique and has its own set of cash-flow challenges. We are well positioned to help businesses overcome these types of challenges. We understand that businesses take MCA’s for various reasons- increases in payroll expenses, unforeseen equipment repairs, litigation, etc. MCA’s are expensive. Worse than the high cost of taking an MCA the managing the aggressive rate of an MCA’s payback. The repayment schedule is typically with weekly or even daily automatic electronic funds transfers.  These preauthorized transactions are often the first thing that hits a businesses’ operating account each morning of each day. This relentless cash drain jeopardizes a businesses’ financial integrity and the very survival of the business itself. When a business has “stacked” multiple “positions” or more than one MCA, the stifling nature of the repayment schedules and their automatic withdrawal become overwhelming and simply unsustainable.  

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How we refinance your MCA Debt...

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       First Choice Capital Partners, we're contacted by businesses every day looking for a way through their financial challenges. They seek a resolve. Their cash flow issues must be addressed with the same urgency of repairing a watermain that has burst under a busy city street during rush hour. Compromised business owners instinctually seek new sources of funding as their solution to address unaffordable debt service or pipe-patch their financial burst-pipe watermain.  In reality, the financial infrastructure of the business must be enhanced, reworked or simply created. Then and only then is it safe and appropriate to infuse new cash into a challenged or distressed business.

 

       With MCA borrowing fully under resolve, or the financial bleeding stopped, the cash flow cash flow breathing is restored, and a recovery is now possible. The infusion of new cash or financial oxygen then reaches the internal organs of the business and financial health is achieved. The business is again positioned for growth and the creative vison of the owner its owner is back in his hands and once again alive and well. ​

       

       We have lent over $100,000,000.00 in loans to small businesses in relief of MCA’s. We have traveled across the country meeting with hundreds of business owners about their successes and challenges. We meet knee to knee with our potential clients as part of our alignment process to get to know and understand our clients their goals and visions. We like to get a real sense of who we’re working. We seek deeper connections with our clients and share their visons, goals and the same path forward. Our lending decisions are not solely based on traditional lending criteria, underwriting guidelines and credit scores but relationships, business’s merits shared visions and mutually aligned interests. 

       

        Our MCA Consolidation product is wholly enveloping. It is a short-term customized financial product formulated specifically to pay off all of your merchant cash advance debt, reduce your debt service burden and restore profitability to your company. The product is a manageable obligation to a friendly lender that is an ally with a compass and a roadmap of your neighborhood. Our customized loan completely removes all the high cost and unaffordable daily and weekly payments into one, affordable, monthly installment. Our loan will reduce what you would normally pay to your MCA companies by at least 65% or more. The result is precious operating cash that was once gone before your first cup of coffee in the morning is now in your bank account. We help you put that money back into YOUR business, pay suppliers, buy inventory and equipment, you may even get a paycheck yourself….

 

         For example, we worked with a company that was paying four MCA's totaling $1,100,000.00 This company was paying down 4 MCA obligations at $67,000.00 per week, totaling $239,000.00 per month. Needless to say, this company was drowning in MCA debt service.

       

         First Choice Capital Partners was able to resolve these MCA issues. We loaned this company $1,100,000.00. We completely wiped out all four positions with merchant cash advance companies and created a customized term loan, payable once a month. His new monthly payment went from $239,000.00 per month to $82,000.00 per month reducing his debt service by $157,000.00 per month. $157,000.00 per month back to positive cash flow…. imagine what he did with that!  

       

         This is just one of many examples of our ability to eliminate your merchant cash advance debt but also lend your business the money necessary to do so. We are one of only a select few in the continently US that can do this routinely.

 

        Now you may or may not have an MCA Debt problem as big in numbers as this example, but the percentage of your revenue designated to MCA repayment but my very well be exactly the same. No matter what the dollar amount of your MCA problem is…We can help your business though this challenging time.

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Call Us to Get Your MCA Debt Settlement Today...

and Get Your Business Growing Again. 

​(888) 323-3563