Guides & Resources

Need to Get Rid of an MCA ?

Matthew Elling

December 10, 2022

Line of Credit Depot has you covered

Do you have multiple MCA’s?

When you need cash quickly MCAs can be perfect for your business. Although business owners do find out that the quick payback of MCA’s stifle cash flow. When someone wants to “get rid of the MCA’s”, what they actually need to do is ease up their cash flow drain. In conclusion “A Reverse Consolidation” is the way out of feeling the pressure of MCA payments. 

The way an MCA agreement is organized means it doesn’t necessarily mean that you will save your business money if the overall balance is paid off early. Even if you, the business owner wants to pay off the balance in advance, you will have to pay the full contract amount, which is agreed upon in advance upon the front loaded factor rate. In turn if you are feeling the cash crunch because of multiple MCAs payments at once, then the Reverse Consolidation program can be the perfect fit. 

Before you apply, check to see if you qualify.

No application or obligation.