A restaurant in New York took a Merchant Cash Advance through lender to bridge the cash flow. The lender was taking out $600 a day .M.O.X settled the MCA of $70,000 for a one-time, lump sum payment of $3,000. Summary: Daily ACH of $600 due over 360 days settled with 2 months of no payments and a final payment of $3,000, saving our client $ (96% savings!).
Share on Facebook
Share on Twitter
More than 5,000 stores are shutting down — here's the full list