You may find relief in a reverse consolidation program. Essentially a savings vehicle, this flexible financing tool extends the time required to repay your multiple merchant cash advances—helping free up your cash flow on a more regular basis.
Click below today to apply for a reverse consolidation with Nexi.
Managing multiple cash advances can be incredibly challenging on a small business’ cash flow, especially when a significant portion of their monthly profits must go toward repayments. However, a reverse consolidation can help lessen that ongoing financial strain.
Under a reverse consolidation, multiple MCAs are combined into a single savings program. The lender provides a weekly sum to the small business, which is then used to repay the MCAs. Compared to what they would have paid out-of-pocket, small businesses can enjoy lower weekly repayments by as much as 50 percent.
In essence, a reverse consolidation enables smaller repayments over a longer repayment period. The impact is an immediate increase in net cash each week—savings that can go directly back into the small business’ own resources.
Multiple MCAs are combined under one RC program
Receive a weekly deposit (aka disbursement) from Nexi
Use the weekly disbursement to repay the MCA lenders
Repay Nexi a new lower daily or weekly payment
Continue receiving weekly disbursements until all MCAs are paid in full
Finish paying off Nexi’s single payment
If your business has multiple merchant cash advances to repay on a regular basis, you can quickly, and frequently become strapped for cash. This is especially true when sales aren’t performing as well as expected. But with a reverse consolidation, you can more easily settle outstanding MCAs while maintaining a healthy flow of capital across your operations.
With a reverse consolidation, your MCAs are not eliminated—you will still have to pay off the full amount on them, but by lengthening your overall repayment term, a reverse consolidation provides a bit more breathing room, and more time to pay your MCAs in full, versus the original repayment timeline.
Reverse consolidation allows businesses to significantly improve their credit rating if they can make timely payments and successfully pay off their financing. Plus, after paying off your MCAs in full, Nexi can offer business capital at preferential rates.
With Nexi, the road to responsible alternative funding is simple and fast: