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Corporate Debt Consolidation
Thankfully there are solutions for merchants, small businesses and mid-sized businesses with multiple cash advances. By consolidating all advances into a single facility (either daily, weekly or monthly repayments) a business is able to help free up cash-flow, increasing the ease of repayment and reduce the debt service coverage ratios. These types of financing include:
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Consolidation of business debt is the combining of multiple loans and debt obligations into a single loan. It’s not to be confused with refinancing a business loan, which is paying off of a higher-rate loan by getting a business loan with a lower-rate.
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The ideal situation may be to consolidate all of your debt into one single lower-interest loan that will make your ability to repay your debt easier, while improving your cash flow.
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