CPA wants to try MCA Product Avg. $20K/mo FICO 700+ Looking for 20K 10 mos term
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  1. #1
    Senior Member Reputation points: 20465 Fundyman's Avatar
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    CPA wants to try MCA Product Avg. $20K/mo FICO 700+ Looking for 20K 10 mos term

    Who's the best company for CPAs? I have a client looking for 20K over 10-15 months at great pricing. Great credit. About 5 yrs in business.

    I need at least 10 pts in the deal. Still want to keep his factor rate at 1.25 or so. If you know you can do this deal without hassle, or know the right company, please let me know asap.

    PM or email: solidmerchantsolutions@yahoo.com

  2. #2
    I would look at the Business Backer...

  3. #3
    Senior Member Reputation points: 20465 Fundyman's Avatar
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    CPA wants to try MCA Product Avg. $20K/mo FICO 700+ Looking for 20K 10 mos term

    True. My initial pick, however, I doubt the revenue meets their minimum criterion... I'll give it a shot.

  4. #4
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    10 pts at 1.25..good luck...most get 10 points at 1.40 or higher...I strongly doubt your getting more then 6mos on 25k....

  5. #5
    Senior Member Reputation points: 20465 Fundyman's Avatar
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    Quote Originally Posted by golf2014 View Post
    10 pts at 1.25..good luck...most get 10 points at 1.40 or higher...I strongly doubt your getting more then 6mos on 25k....
    I got 2 declines already; one for restricted industry, the other for income criteria not met. 1.40 is one thing. The main is, which company actually approves!?

  6. #6
    Credibly or Quarterspot?

  7. #7
    Veteran Reputation points: 135029 Chambo's Avatar
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    Quote Originally Posted by rick_clsfunding View Post
    I would look at the Business Backer...
    TBB won't do a 10 month deal at a 1.25....and DEFINITELY not with 10 points in it

  8. #8
    This is the information I have. I realize all deals/circumstances vary, but I figured it was worth a shot...

    BB.png

  9. #9

    If it is a health/medical deal give James Graydon a call at ProMED Healthcare Financing 631-468-6325.

    Quote Originally Posted by Fundyman View Post
    Who's the best company for CPAs? I have a client looking for 20K over 10-15 months at great pricing. Great credit. About 5 yrs in business.

    I need at least 10 pts in the deal. Still want to keep his factor rate at 1.25 or so. If you know you can do this deal without hassle, or know the right company, please let me know asap.

    PM or email: solidmerchantsolutions@yahoo.com

  10. #10
    Veteran Reputation points: 135029 Chambo's Avatar
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    Like I said,......DEFINITELY NOT with 10 points in it. the merchant has to do over $20,000 a month every month too.

  11. #11
    Veteran Reputation points: 135029 Chambo's Avatar
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    Quote Originally Posted by FundMaster82 View Post
    If it is a health/medical deal give James Graydon a call at ProMED Healthcare Financing 631-468-6325.
    Since when does a CPA have anything to do with Health and Medical? Do you even read these posts, or just blindly spam?

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