How should existing MCA positions be described for placement?

I would list each position’s current balance, payment, frequency, and approximate payoff status without naming the merchant.

Also show whether the obligation is reflected in current statements and whether any payment is temporarily modified.

Position tolerance should come from sourced criteria. Do not assume “stacking lender” means every balance or payment burden works.

How should we describe a payoff that will be taken from proceeds?

Mark it as proposed refinance and calculate both current burden and expected post-closing burden.

The merchant should see which obligations remain and which are expected to be paid, with no guarantee before closing.

That also prevents a third-position request from being mislabeled as second position after an unconfirmed payoff.

Exactly. Match against current facts first, then present the proposed structure as a separate scenario.

The lender can decide whether payoff evidence or direct payoff is required for that scenario.

Describe every current obligation, model proposed payoffs separately, and never treat an intended refinance as already complete.