U.S. Funding Solutions, Inc. has added a new MCA consolidation loan program to its offerings. A merchant cash advance consolidation loan is where a merchant has several MCA loans and is in need of a consolidation of these loans in order to significantly lower MCA payments to reduce the drain on its cash flow. USFS and its lending partners can provide one merchant or business cash advance to payoff all their existing advances at a much lower rate allowing the merchant significant relief to its cash outflows.
This new program covers most businesses with reasonably predictable revenues, with the business owner’s credit having little to no impact on the business qualifying for the advance. Borrowers for this program would rarely qualify for a traditional bank loan. Salons, dental offices, auto repair shops, bars and nightclubs, other retail establishments, health services companies are just some of the businesses that usually qualify.
Unfortunately, commercial borrowers have little options securing a loan with bad credit according to USFS president, Ron Stone. According to Mr. Stone, a 30 plus year business and finance veteran, “With the recent tightening of bank loan underwriting requirements, the business loan market is in serious need of this type cash advance consolidation program. Many businesses at one time or another find themselves in a tight cash flow situation and are in need of a loan where their credit is not a fit for a bank loan. This combined with volatile economic conditions or significant competition is creating a significant strain on many businesses’ cash flow, usually short term, leaving many businesses with very few options. That’s where we come in. With this addition to our regular fast closing merchant cash advance bad credit program, we can often help these borrowers get through this stressful period to get their business back on sound footing.”
Mr. Stone went on to say, “Many small to medium size businesses are staring at the possibility of not meeting critical expense or debt obligations, and even payroll and are desperately looking for a way to navigate through their cash strain and even avoid a business bankruptcy. Advances with this MCA consolidation loan program range from $10,000 to well over $1,000,000 and can last as long as is needed by the business with proper servicing of the loan. For more on our merchant cash advance consolidation loans, visit our website. Lastly, we are available at 1-877-655-5625, 7 days a week.”
Company Name: U.S. Funding Solutions, Inc.
Contact Person: Ron
Email: Send Email
Address:119 Foxden Rd
City: Mars Hill
State: NC 28754
Country: United States