Restructure Your High Interest MCA Loans

Merchant Cash Advance Loans can look like a really great option, but if you don’t meet all the criteria, it can end up a nightmare.

If you miss one or more of your MCA payments, you are considered in default. Defaulting on a merchant cash advance is usually considered a breach of contract. As a result, defaulting on payments means the MCA funder can pursue getting that money from you and your business.

So, are you a business owner that has a daily payment merchant cash advance loan that you would like to refinance?  Would you like to consolidate your daily payment working capital loans or multiple daily payment working capital loans into a monthly longer-term business loan?  

One of our core products is the MCA buyout loan or Merchant Cash Advance buyout loan. This loan is designed only to buy out your existing merchant cash advance daily payment loans into a monthly longer-term loan.  Our investors will analyze your situation and can save you over 50% + by restructuring the loan over the long term.   

Most clients have these daily payment loans because either their credit score was low, their profit margins were low or their business was new.  We have the solution saving you 50% or more by consolidating the financing and stretching out the term giving you more breathing room and a lower monthly cost of business working capital.

To qualify for one of our buyout programs you must meet the following criteria:

  •  Credit must be above a 600 FICO score
  •  No recent bankruptcies or repossessions in the last 12 months
  •  Business must be generating at least a minimum of 300k annually and have at least 1 current MCA
  •  MCA buyout loans can be secured (with assets) or unsecured (no assets) depending on the situation
  •  At least 1 year in business
  •  If additional capital is requested above the MCA buyout then the client must have accounts receivable, contracts or collateral in some cases. (We need to show that you can support payments if additional funds are disbursed)

Thinking of Starting a New Business?

Now is the time! With our society ready to get back in action (safely), new business concepts are quickly emerging with creative flows for serving the public without the high risk of spreading the virus. Put your innovative business concepts into play, and connect with us to get the funding you need to start your newest venture!

Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

What You Need to Have for Merchant Financing Approval

The application process for merchant financing is quick and easy — far from the complicated and long process of traditional small business loans. Once your financing is approved, you can typically receive the money in your bank account within one to two business days. Check out the requirements below to determine if you can get approved for an MCA.

Financial Documents

To get started, fill out an application online or call Clarify Capital at (877) 838-3919. You’ll then be matched with a dedicated adviser who will walk you through the entire process. Here are the general requirements and documents we may request:

  • Your Social Security number or employer identification number (EIN)
  • Bank statements, credit card statements, or payment processing data from the last three months
  • Tax returns
  • Financial statements, such as a balance sheet or a profit and loss (P&L) statement
  • Length of Time in Business
  • Loan providers use the length of time you’ve been in business to assess your creditworthiness and their risk of not getting paid. An established business typically translates to lower risk on their part. To qualify for a merchant financing loan, most lenders require that you’ve been operating for at least six months.

Monthly Income

Lenders look at your monthly income to determine if you have the cash flow to pay them back. They also use it to calculate your loan amount. Most MCA providers ask that you have at least $10,000 in monthly revenue. Obviously, if you’re bringing in more than the minimum requirement, your chance of getting approved for a larger amount is also higher.

Credit Rating

Your credit rating represents your payment history, the amount of debt you have, and the length of your credit history. As a business owner, you should continually monitor your personal credit score because it’s one of the factors lenders check whenever you apply for loans.

Debt-to-Income Ratio

The debt-to-income ratio is a metric used by financial institutions like banks to compare the amount of debt you have against your overall income. MCA companies use the debt-to-income ratio to measure and calculate what you can reasonably afford to pay. As a result, someone with a lot of debt is usually considered a riskier applicant. Ideally, lenders want borrowers to have a low debt-to-income ratio because it means they’re more likely to make their monthly payments on time without difficulty.

Thinking of Starting a New Business?

Now is the time! With our society ready to get back in action (safely), new business concepts are quickly emerging with creative flows for serving the public without the high risk of spreading the virus. Put your innovative business concepts into play, and connect with us to get the funding you need to start your newest venture!

Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

Getting your business funded in time for the holidays

The holidays arrive in a mad rush of events, with everyone preparing for festivities and shopping for gifts. No matter what type of business you own, they’re a time when you can up your profits and reach new customers.

Small Business Saturday attracts new customers every year, with around 43 percent of consumers shopping and eating at independent small businesses in their area. For many small businesses, the last two months of the year are the most profitable. Preparing your small business for the holiday season is a good investment of time and resources. Here are three great ways to get ready.

1. Ramp up Content Marketing

Content marketing is one of the most effective forms of marketing online. Content gets three times the leads as outbound marketing. The cost is also less than half that of outbound marketing. One way to prepare for the holidays is by getting your holiday-themed content pieces in place well before the holiday shopping period hits.

Content that ties into the holidays includes gift giving guides, tips for surviving the holidays and more. Tie these ideas into your product and other features that show the advantage of your product or service during the holidays.

2. Design a Festive Storefront

If you own a brick and mortar store, take a step back and consider how the storefront appears as foot traffic passes. While traditional elements tug on the emotions of people, you also want your storefront to stand out from the crowd. Incorporate your top holiday products so that people see items that would make perfect gifts for their family and friends.

3. Utilize Social Media


Yes, there’s a lot of noise on social media, and people are paying a bit less attention to marketing on there. However, if you come up with a campaign that’s interesting enough, it’s still an inexpensive and effective way to advertise. You have a couple of options with social media. You can spend most of the year building your following so that you can market to them when the holidays arrive, or you can spend money on ad placements and hit the exact target audience you want to gain new leads.

Thinking of Starting a New Business?

Now is the time! With our society ready to get back in action (safely), new business concepts are quickly emerging with creative flows for serving the public without the high risk of spreading the virus. Put your innovative business concepts into play, and connect with us to get the funding you need to start your newest venture!

Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584