South End Capital Closes a $496,000 MCA Consolidation Loan, Reducing this Business’s Monthly Debt Expense by Almost $44,000

We consolidated 4 merchant cash advance (MCA) positions for this business reducing its approximate monthly debt expense from $49,598 to $5,759. We also provided $80,000 of unrestricted working capital and $240,000 for the purchase of new machinery and equipment. We delivered a 7% APR, amortized over 10 years and with no prepayment penalty.