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Can MCA or short term lending be used as a bridge to longer term financing?

How to use short term capital as a bridge while a longer term, lower cost approval is in progress.

Written by Kaylan Pepin

Yes. You can run a short term product and a longer term application for the same client at the same time. The platform supports it because you can run multiple deals for the same client.

Click through the walkthrough above to see how a second deal gets created against the same business.

So a client can take an MCA or a short term working capital product now while you work a longer term application in parallel. One caveat on the longer term side: SBA coverage on the platform is about three lenders live today, with more coming, so check what is actually matching before you promise a client a timeline.

For how brokers think about structuring the capital stack and sequencing products, see levr.ai. If you want a second opinion on a specific client's situation, email contact@levr.ai.


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