"Stacking" refers to taking out multiple cash advances simultaneously in the Merchant Cash Advance industry. This practice is discouraged because it increases the daily or weekly repayment amount and can harm a business's cash flow.
Commission-focused brokers may not be taking your best interest at heart. They may be shopping out your application to a different funding company willing to take on an "additional position" and "stack, or the existing Funding company has dba names and is stacking themselves. Many funding companies prohibit this practice in their agreements.
Novus Capital Funding is a company that advises against stacking multiple positions. We provide funding to businesses, provide additional capital, and offer a better rate, lower payment, or consolidations to improve the business. .
Additionally, we educate our customers on these practices and provide add-on programs or business lines of credit to help them get additional capital without putting more strain on their daily cash flow. Trust us to help your business grow while maintaining financial stability.
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