How Do I Identify Funded Deals that Are Ready for Renewal?

Created by MCA Suite Support Team, Modified on Fri, 22 Nov, 2024 at 11:59 AM by MCA Suite Support Team

MCA Suite offers a "Renewal Soon" filter to help you quickly identify funded Deals that may be up for renewal or ready for refinancing. When a user clicks on the "Renewals Soon" filter, they can select a repayment percentage of 25%, 50%, 75% or 100%.


After the user selects the repayment percentage, MCA Suite searches for all funded Deals with a repayment percentage higher than the selected value and displays only those Deals with a payoff date that fall within the range of 15 days before today's date to 30 days from today.


15 days back <--- [current date] ---> 30 days out


For example: 


If today is November 15, 2024 and the user enters a 75% repayment percentage, MCA Suite will return funded Deals with a repayment percentage greater than 75% (including 100%). The results will include Deals with an estimated payoff date from October 31, 2024 (15 days before November 15) to December 15, 2024 (30 days from November 15).

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