LifeLine Business Group (877-862-0619) has expanded its MCA consolidation term loans for small businesses in the US. Through a quick and secure online application process, applicants can now break the cycle of borrowing via merchant cash advances.
Las Vegas, United States - February 28, 2023 /PressCable/ —
LifeLine Business Group announced the expansion of its programs as part of an ongoing initiative to help small businesses in the US consolidate their Merchant Cash Advance (MCA) debts. This effort focuses on enabling borrowers to optimize business cash flow and better manage their debt by making one fixed monthly payment.
Interested parties can find more information at https://lifelinebusinessgroup.com
LifeLine Business Group now offers US business owners a cost-effective way to avoid recurring MCA deductions.
Merchant cash advances are a common form of financing for small businesses and entrepreneurs. These programs have the highest approval rate, but repayments are based on factor rates. Payments are automatically deducted as a percentage of debit and credit card sales. According to the Federal Reserve, MCA approval rates are around 84% compared with the approval rate of a regular business loan which is only 57%.
LifeLine Business Group is one of the original innovators in the MCA consolidation industry, offering financial solutions designed to break the cycle of small business borrowing and improve the financial health of businesses with burdensome MCA debt.
American businesses can now consolidate and refinance all their merchant cash advances into a term loan with a fixed monthly payment. MCA refinancing could reduce MCA repayments by up to 90% for businesses in some niches.
Traditionally lenders underwrite a loan by proposing terms that best fit their financial requirements for interest and timing of payments. LifeLine Business Group consolidates MCA loans by creating customized solutions and repayment options designed to maximize the success of small businesses. These solutions provide continued access to working capital, helping companies to improve their credit scores and achieve long-term financial health and stability.
The LifeLine Business Group team has over 60 years of combined experience in loans, business consulting, law, and accounting.
According to the Lifeline Business Group, “We will help you every step of the way. Even during the worst of times, we have never had a client default. We consider our zero-default rate a testament to the product we have created and the competence of our team and underwriting model.”
To find out more about Lifeline Business Group and their MCA consolidation and debt refinancing options for small businesses in the US, visit https://lifelinebusinessgroup.com
Contact Info:
Name: Brian Kane
Email: Send Email
Organization: Lifeline Business Group
Address: 455 South Grand Central Parkway, Las Vegas, Nevada 89106, United States
Website: https://lifelinebusinessgroup.com/
Source: PressCable
Release ID: 89091050
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