MCA Payment Restructuring: Making Daily Payments More Manageable

Why MCA Payments Create Pressure

A payment of a certain amount every day creates a different cash-flow burden from the same amount paid weekly or monthly. When a business has more than one advance, frequent payments can be taken by several lenders on different schedules, leaving little room to plan.

How Loan Modification Can Help

Loan Modification at The Final Loans covers qualifying unsecured business debt and MCA obligations of at least $20,000. Our team reviews the existing obligations, negotiates with the existing lenders, seeks more manageable repayment terms, and administers the approved arrangement, so the business makes one payment to The Final Loans.

Can Daily Payments Become Weekly or Monthly?

It may, depending on the business situation and what the existing lenders agree to. Payment frequency is one of the terms The Final Loans can negotiate, along with the repayment term, interest or charges, principal, and other applicable terms.

What to Prepare

• A completed application
• The recent 3 months of business bank statements
• The agreements or contracts signed with each previous lender
• A clear list of your current advances and their payment schedules

How the Process Works

1. You apply and submit the required documents.
2. Our team reviews the existing obligations and the business situation.
3. We negotiate with the existing lenders for more manageable terms.
4. Under the approved arrangement, you make one payment to The Final Loans.

There is no fee for the program, and the typical timeline is 2 to 5 days.

What We Cannot Promise

The final outcome depends on the participating lenders. The Final Loans cannot guarantee that a lender will accept every requested change. Any arrangement must be based on the terms actually agreed and documented.

Learn More

Read our Loan Modification guide to see how it differs from consolidation and settlement, or review the details on the Loan Modification page.