u/Alert-Nothing3732

Does anyone know any asset based lender that will take out MCAs?

I am looking for a ABL facility to consolidate about 400k in MCA debt.

1.1 million in inventory
150k in AR

I am looking for a ABL facility for a client of mine to consolidate about 400k in MCA debt.

1.1 million in inventory and 150k in AR.

What do you typically do with deals that are dead on arrival or can’t get approved because they’re already stacked with MCAs?

Do you just move on, or are you doing anything with those leads?