Activity Stream
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Older Activity
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Today, 05:56 PMSignit replied to a thread Does anyone have a contact for these? (A paper 1M+) Please pm me. in Merchant Cash AdvanceI would add Mulligan to this list! Great deals with them recently! -
Today, 05:53 PMaaron4235 replied to a thread What company are you guys using to pull psfs when funding an MCA in Merchant Cash Advancewe want it to come out when they are being funded. Right now it comes out about 3 days later and we're paying too much for **** company
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Today, 05:41 PMoops! cant delete it now.. your post was quoted twice unfortunately! LOL
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Today, 05:27 PMI can definitely take a look to see if there is something I can offer. My first position renewals are a true add on that works kind of like a credit line of sorts. Feel free to give me a call. Scott Platto scott@tmrnow.com tmrnow.com 212-220-9872 908-340-9454
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Today, 04:50 PMNew here, my name's Dan and I run High Level Positions. I'm an ISO looking to get the below deals funded and form an honest relationship. Other deals to come. Deal #1: Sole prop construction 22K avg rev over last 3 mo 1 position: Vader 2K bal 169 daily Requesting 10K TIB: 4 years Deal #2: Construction LLC 35K avg rev 1 position: Expansion 2K bal 170 daily Requesting 20K TIB: 3.5 years Quite a few negative days last month but September has recovered. Nice to meet you all, Dan ----- Direct: (347) 955-1560 Email: Dan@highlevelpositions.net1 replies | 50 view(s)
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Today, 04:44 PMreferral network is the best and cheapest way . for example a banker sending you his declines . Google ads is the most expensive but scalable way
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Today, 04:37 PM@theunderwriter the issue here is (and main reason we require 3 trucks) is that if they have 2 trucks and one goes down, there goes half the revenue and you dont get paid back...even worse with one truck....
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Today, 04:14 PMWe fund trucking industry with minimum monthly rev of 75k Diana diana@ontapcap.com 929-566-7317
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Today, 03:33 PMI can comment on the first one a bit. There's always Google ads, but those are going to be incredibly expensive. To find merchants in today's market, it takes really good branding on LinkedIn, DF or any other social media platform. Videos of what you do, it takes hard work and posting regularly, standing out in the crowd, and some good coaching on the types of video content you'd be able to put out. Probably also requires some investment in a good editing group, but you can find those on outsourcing platforms pretty cheap at first, and gradually build your own in-house team. Sell a feeling, not a product. Build your personal brand first, and your business brand will follow. For example, this guy https://www.linkedin.com/in/underdogsales/ Creative videos of him doing what he's doing and actually succeeding (and I love his uniform).
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Today, 03:21 PMIm looking for some advice on the best way to find merchants. I know having employees make calls all day is the industry standard, but are there other methods for finding deals? It is also difficult finding people that want to work for commission only. I have a small team currently but I want to expand and try different methods for brokering deals. If anyone has any advice let me know.2 replies | 140 view(s)
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Today, 02:27 PMI funded a few trucking deals in the last 30 days. Maybe 6-10 deals. Tiny deals under 10k, some under 5k - 1st and a 2nd positions. Short term but looking to renew them quickly. No bounce payments yet. Fingers crossed. 1-2 trucks, some only 1 truck. But so far, no issues.
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Today, 02:03 PMSignup with us today at www.zlur.com/iso
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Today, 01:57 PMAbe, you just proved my point. alot of funders are restricting transportation to have a min of 150k.... we dont... so long as they have 3 trucks/Vans etc
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Today, 01:55 PMwe dont have a minimum, so long as they have 3 trucks ON THE ROAD (not 2 on the road and 1 in the shop)... however nowadays a 3 truck operation should be bringing in 30-40k per month at least
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Today, 01:54 PMthey dont manage their money well enough to meet their needs. I get 500k monthly rev trucking companies submitting who can barely keep 2k in the bank trying to look for funding
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Today, 01:52 PMthis is exactly why we stopped doing reverses... they negate the whole reason they took a reverse in the first place by taking out more funding
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Today, 01:51 PMI'm not sure, If a trucking business is making more than 150k/month why do they need this kind of Loan?
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Today, 01:47 PMPlease send it over. Abe-Meged abe@megedfunding.com
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Today, 01:44 PMLooking for ISOs/Referral Agents Legendary Funding Group is looking for ISOs/Referral Agents interested in aligning to get deals funded. We are direct funders specializing in MCAs, Invoice Factoring, PO Funding, Equipment Funding, etc. All of Our Funding Solutions Include... • Approval Within 2 Hours (once all required documents are in) • Funding Up To $5 Million • No Restrictions On Usage • No Hard Credit Pulls • Early Payment Discounts We help fund small businesses in almost every industry to empower their owners to gain access to needed working capital. Let us help you reach your business goals with our flexible and competitive funding solutions. Get in touch. Tony Kittrell Director of ISO Relations Legendary Funding Group, LLC - Direct Funder 11350 McCormick Road, EP4 Ste LL1 Hunt Valley, MD 21031 tonyk@legendaryfundinggroup.com www.legendaryfundinggroup.com 410-734-2001 https://calendly.com/tkittrelllcx/30min0 replies | 50 view(s)
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Today, 01:35 PMOur merchant's was for a tractor payment so equipment financing in this case
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Today, 01:25 PMIsnt FynCap a brokerage shop? When did you guys start funding your own deals?
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Today, 12:54 PMwould be interested in having a call about this if possible.
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Today, 12:54 PMWe fund trucking as well. 150 minimum revenue abe@megedfunding.com
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Today, 12:27 PMWill do. needs to have high revenue.
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Today, 12:26 PMAbeSiegel started a thread Proud to Be Part of Meged Funding Group. Introducing My New Role at Meged in Merchant Cash AdvanceI’m excited to share that I’ve joined Meged Funding Group as an ISO rep! Meged has been a major player in the MCA industry since 2021, known for offering competitive rates, extended terms, and funding amounts of up to $5 million per file. We specialize in funding B-C paper deals and offer aggressive terms for D paper as well. Additionally, we’re open to first-position deals with MCA history, including satisfied defaults. We fund almost all industries, except for used auto, and we operate in all states except Puerto Rico. If you’re looking for a funding partner who delivers top-notch service and strong offers, Meged is here to support you. I’m here to make the process seamless for you, from sign-up to funding. Let’s take your funding game to the next level! Reach out to me directly via DM, text at 732.267.4797, or email at abe@megedfunding.com to get started.0 replies | 123 view(s)
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Today, 12:14 PMIn a sense you are correct.....I'll get someone an MCA if there is no other immediate option but in many instances am able to get them a SBA in 6 weeks to take out the MCA with an early pay discount. I am suggesting that there are better options for merchants than MCA's in many instances...where a broker might provide multiple loan products....immediate MCA, then A/R factoring, then equipment financing, and maybe cash out real estate or personal loan or even SBA. Where I differ is I start with the best product and work backwards.
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Today, 12:09 PMMaybe the bigger picture you seem to be misunderstanding is that it looks like you are playing both sides of the fence. You bash mca and say customers qualify for a better product, yet in your other had you are providing the "bad" product you are preaching to get merchants away from. I am not judging you since I offer both products as well, I just don't solicit business in an online forum acting like others are predatory and I am not.
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Today, 12:09 PMNo idea....but did get calls from forum loved ones though....hahaha...
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Today, 12:05 PMhe is back . steve , what happened ?
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Today, 11:58 AMStar Capital Solutions is now funding deals that are out of this universe! What ISO wants to flood my inbox with all your 2nd-5th position deals? We shoot for the STARS on every deal. Let's partner up and find a home for your deals. With us we can promise that you won't look to another funder again. We are very fast to fund with minimal stips. I take pride in being on top of my team to ensure a smooth transaction for both the broker and merchant. Let's build a pipeline and grow together. We are growing so grow with us or get left in the dust. Contact me and let me know where to send the ISO Agreement! Underwriting Guidelines: Paper: B-D Min Revenue: $20,000.00 Industry Restrictions: NO Factor: 1.499 Term Length: 30 - 120 Days Fees: 10%0 replies | 35 view(s)
