Stacking Multiple Positions Often Leads to the Need to Renegotiate Terms.
The need to negotiate with a funder about new terms or obtain a settlement, is most common in the MCA world, when a business originates multiple different MCA’s. As the MCA funder continues to “pull” debits via ACH, the business revenues decline and payments soon become fiscally impossible. This is the number one reason a merchant chooses to take a 2nd or multiple positions with multiple funders. This is known in the industry as stacking
https://grantphillipslaw.com/is-it-possible-to-negotiate-with-an-mca-funder-directly/
Comments
Post a Comment