Up to $500K
Non-SBA MCA consolidation financing may be available to qualifying businesses.
CloseoutMyLenders.com · Non-SBA MCA consolidation · Up to $500,000
Multiple advances can make a good business feel short on cash.
If daily or weekly MCA payments are putting pressure on your cash flow, CloseoutMyLenders.com Growth Term Financing may provide a way to consolidate eligible obligations into one longer-term financing structure, with financing amounts up to $500,000 and terms potentially extending up to 10 years.
Last 3 months of business bank statements required.
Not sure yet? Visit CloseoutMyLenders.com to check your fit.
The problem
When the money leaves faster than the business can use it.
Three separate advances can mean three separate withdrawals from the same operating account. That can make payroll, inventory, expenses and growth compete with financing payments for the same dollars.
MCA #1 · Daily payment
MCA #2 · Daily payment
MCA #3 · Weekly payment
CloseoutMyLenders.com
One longer-term financing structure*
How it works
Replace several eligible obligations with one longer-term structure.
If you qualify, the financing provider may use the new financing to refinance eligible existing business-financing obligations.
- 01
Multiple payments
Money is leaving the business every day or week to service existing advances.
- 02
Consolidation
Eligible existing obligations may be refinanced through the new financing.
- 03
More operating room
Depending on the approved structure, reducing the number of financing payments may reduce payment pressure on business cash flow.
Your cash flow has a job to do.
Consolidation may give qualifying businesses more room to manage operating needs.
Payroll
Inventory
Operating expenses
Growth
At a glance
Up to 10 years
Longer repayment terms may give qualifying businesses more time to repay.
Non-SBA
A potential financing path for businesses that may not fit an SBA structure because of existing advances.
Start with your last 3 months of bank statements.
Your bank statements help the financing provider review revenue, cash flow and existing obligations to determine whether MCA consolidation may be available.
Last 3 months of business bank statements required.