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Imperial Financial Group
First and foremost, we do not encourage any businesses, or any consumers to get into debt, we help you to get out of it. Our team of experienced professionals and legal partners has the expertise in financial planning. We give our clients the highest level of quality services. We provide Financial Consulting, to help you succeed.
We provide Seminars where we’ll give you the tools to have Financial Wellness so that you will have Financial Stability. Schedule a Workshop with us to help you meet your financial goals. We will give you the Financial Freedom that your business deserves. Giving you peace of mind knowing you have financial security.
MCA Debt Relief Services
MCA Debt Relief: A Merchant Cash Advance (MCA) is not a loan, it is a type of financing that provides businesses with a large sum of money, in exchange for a percentage of future Debit and Credit Card sales. Is your business suffering from MCA debt? Don't worry, our certified financial team and our legal partners can help!
MCAs are different from traditional loans because they don't have lengthy approval processes or strict credit requirements. They can also be flexible, allowing businesses to access capital without providing collateral. However, MCAs can be expensive and may not be the right option for every business.
- MCAs use a factor rate to determine the cost of the advance, which can be expressed as a whole number and a fraction. The total cost is calculated by multiplying the factor rate by the amount of the cash advance, plus any fees. MCAs can have an APR of 250% or higher.
- MCA payments are usually made automatically on a daily or weekly basis, and are often based on sales. This means there's unlikely to be a set repayment period, but the funds must be paid back within three months to two years.
- Our Legal and Financial team will get your debt reduced. Our goal is to get you out of debt, not to put you into deeper debt, and to give you the financial freedom, and the financial security you deserve.