Activity Stream
All times are GMT -4. The time now is 04:51 AM.
-
Older Activity
-
Today, 01:34 AMCollinscash started a thread Help Your Clients Access Quick Capital with Merchant Cash Advances! in PromotionsIf you have clients who need fast, flexible funding to support their business growth or cover immediate expenses, a Merchant Cash Advance (MCA) could be exactly what they’re looking for. Unlike traditional funding options, MCAs are based on future sales, making them more accessible for clients who may not qualify for other types of financing. Here’s why MCAs from Smart Business Funding could be a great fit for your clients: ✅ Quick Approval and Funding – Funds can be available within 24 hours, providing immediate capital when it’s needed most. ✅ Flexible Repayments – Payments are based on a percentage of daily or weekly sales, so clients aren’t locked into fixed payments that strain cash flow. ✅ Accessible for Clients with Limited Credit – MCA eligibility focuses on monthly revenue rather than credit history, making it ideal for newer businesses or those with less-than-perfect credit. This solution works particularly well for clients in retail, restaurants, healthcare, and any industry where sales can fluctuate seasonally. Plus, partnering with Smart Business Funding gives your clients access to a trusted provider that ensures transparent terms and expert support. If you’re interested in discussing how MCAs can benefit your clients, feel free to reach out! Let’s work together to help them get the capital they need to thrive.
-
Today, 01:04 AMFor starters banks can't participate in the microloan program. Google CDFI. On top of that Microlenders make a stack more money from the ongoing client technical assistance fees which they collect under their SBA grant for facilitating the program, plus the kicker the SBA pays for each microloan booked. On top of that the top end allowable default rate for a participating lender in that program is *15%* by dollar volume, not loan volume. Of course nobody actually wants a 15% default rate, but these lenders get concerned when their default rate is *too low* because that indicates they're not adequately serving their target market which is by default higher risk clients (LMI, startups, minority/women/immigrant/refugee owned etc). I did an SBA microloan while a client was in a chapter 13. Once. Haha. Some of the deals some CDFIs that participate in that program do while small are insane considering the cost (nowhere related to the risk). And that's also why those organizations derive the bulk of their income not from interest and fee revenue but grant funding. What's even crazier are some of the state and local funded microloan programs floating around that are at 0-1-2-3%.
-
Yesterday, 05:38 PMHave a new internet ad campaign you want to launch? Register any .com Domain Name Special Pricing - 2 Years - $39.00
-
Yesterday, 05:02 PMDennisM replied to a thread best crm's for mca/term loans/loc/ overall financial space in Merchant Cash AdvanceBest Overall: Cloudsquare Broker / Lend Best On Budget: Not Cloudsquare Best For Big Shops: Cloudsquare Best for Small Shops: Cloudsquare International Lending: ? Broker/Syndicator/Lender CRM: Cloudsquare Broker / Lend With Cloudsquare Broker, you could: 1. Integrate with your online application 2. Integrate with any dialer 3. Integrate with any sms provider 4. Lead Round Robin 5. Integrate with any eSign provider 6. Match merchants with the best lender 7. Submit to lender via email or API (You don't need to login to portals anymore) 8. API lender's offers read back in real time 9. Track commissions 10. Track renewals 11. Track open positions with other funders 12. Marketing automation 13. Robust out of the box reports and dashboards If you are a broker, take a look at this teaser video: https://vimeo.com/770971363 With Cloudsquare Lend, you could 1. Automatically parse applications and bank statements with your preferred vendor (Heron Data, MoneyThumb, Ocrolus, etc) 2. Auto decline based on your guidelines 3. Pull Credit, Run a background check 4. Price Deals 5. Send offers to ISOs 6. Generate Contracts 7. Invite syndicators 8. Log funding call 9. See real time balances via Plaid 10. Automated Loan Servicing via ACH Providers (ACHWorks, Actum Processing, etc) Both platforms are built on the #1 CRM in the world, Salesforce. Anything missing can be built with clicks, not code. Unlike other CRMs, your data is secure with Salesforce Interested in learning more? DM me
-
Yesterday, 03:43 PMGood job spamming the website.
-
Yesterday, 03:14 PMfundmore replied to a thread best crm's for mca/term loans/loc/ overall financial space in Merchant Cash AdvanceQuick update: We’ve released Auto Parse Funder Responses, which is a feature that automatically reads in declines, offers, and required stips. It'll use AI to automatically analyze emails from funders, classify them, and update the matching submission in Fundmore. Declines will have a decline reason, approvals will have offer details, and even required stips will all be brought into Fundmore. This is a free feature that you can start using today within Fundmore, but it's still in beta and being tested for reliability. Here’s the link to get started (your first 2 weeks are free): https://fundmore.io/pricing
-
Yesterday, 03:14 PMQuick update: We’ve released Auto Parse Funder Responses, which is a feature that automatically reads in declines, offers, and required stips. It'll use AI to automatically analyze emails from funders, classify them, and update the matching submission in Fundmore. Declines will have a decline reason, approvals will have offer details, and even required stips will all be brought into Fundmore. This is a free feature that you can start using today within Fundmore, but it's still in beta and being tested for reliability. Here’s the link to get started (your first 2 weeks are free): https://fundmore.io/pricing
-
Yesterday, 02:05 PMdiditevenfund replied to a thread Trouble getting commission from Breakout Finance? in Merchant Cash AdvanceThey have been mentioned a few times being problematic and really are not all that anyways.
-
Yesterday, 02:03 PMHe was banned once - came back under a new user name.
-
Yesterday, 01:28 PMWe also got burned by tip top, excessive fees, lies to clients, every rep in that firm is more spun than a shopping merchant. STAY AWAY
-
Yesterday, 01:14 PMjtsfunding replied to a thread Trouble getting commission from Breakout Finance? in Merchant Cash AdvanceThat's the exact same vibe I am getting from them currently, when we were able to get in touch with them we asked if we should even continue sending deals if receiving commission would be an issue and we got the ole "if you stop sending deals we will cut you" response.
-
Yesterday, 12:46 PMHello Christian, Good afternoon. I'm Aifherly of South Shore Funding based here in New York. We can definitely assist you get funded. What's your contact number? Email address? and availability to talk? Please contact me through: My Business cellphone: 917-423-9614 Email Address: Aifherly@SouthShoreFunding.net My Office Direct Line: 516-964-7088 Thank you and have a wonderful productive day ahead. Kind regards, Aifherly www.southshorefunding.net
-
Yesterday, 11:44 AMMr. Free email with the "Game changing" MCA software
-
Yesterday, 11:16 AMAs a direct SBA lender, the only way you get a 2% referral on a deal is if the SBA lender charges maximum pricing. Most SBA lenders sell their SBA guarantees to generate revenue. The larger the rate, the more the premium. Our group pays a typical 1% fee but our pricing to the client is much better. You will lose more deals trying to get a 2% referral fee due to the lender's interest rate being so high. Rather, be more competitive with interest rates and not lose deals. As a borrower would you rather be paying WSJ Prime + 3% or WSJ Prime + 1.0% (or lower)?
-
Yesterday, 11:12 AMsick spam
-
Yesterday, 11:03 AMlmao
-
Yesterday, 10:47 AMWe can consider as credit card processing split deal. We have a few on the books currently.
-
Yesterday, 10:45 AMWe can consider on credit card split if they have the processing volume to qualify.
-
Yesterday, 10:43 AMWe can consider new businesses once they have 4 months of credit card processing history.
-
Yesterday, 10:40 AMWe exclusively fund credit card processing based MCA's via direct split or lockbox. We can consider merchants with prior defaults if they have proof of fully satisfying the original contracted amount of the prior defaults.
-
Yesterday, 10:30 AMThis is probably wrapped up already but we can also have a look in case you are still looking for a home for this file. Alex Peterson ISO Relationship Manager, THORO CORP E: alex@thorocorp.com C: 305-502-9414
-
Yesterday, 10:17 AMAbeSiegel started a thread What Makes Meged Stand Out vs other major MCA Funders? in Merchant Cash AdvanceGood morning and happy new month! I would like to explain what Makes Meged Stand Out vs other major MCA Funders? 1. Integrity First: We’ll never backdoor or remarket your deals. Don’t just take our word for it—ask around and see what others have to say. 2. ISO Support: We work hard to help ISOs close deals by offering lower fees, longer terms, and higher funding amounts. 3. Both I and our other ISO reps are always easy to reach, and always go the extra mile to get deals funded. 4. Limitations: Unlike other funders, we have no industry limitations (ex: Auto) and funding all us stats (ex: PR). We Underwirte all types of statements. Will fund: • Max Amount: $5 million • Max Term: 35 weeks Ask me for guidelines and iso agreement via WhatsApp or email, and I’ll take good care of you. Abe – Meged Funding abe@megedfunding.com
-
Yesterday, 08:26 AMPosition: Experienced MCA Sales Rep Strong closing abilities required Remote / Work from home Unlimited real-time qualified leads Competitive splits and bonus plans 150+ direct lenders in our network Robust CRM system and automated submissions Fund MCAs, equipment, real estate, SBA, and other deal types 30-50 openers submitting full packages daily Start today Email your resume to sales@lendzapp.com for immediate consideration.
-
Yesterday, 08:18 AM"Got You! 👀 Made you Look! My AI software caught your attention, and it can do the same for your future clients!" Need More Clients? We’ve Got You Covered Free Trial and Discount End Today! Time’s ticking! 🚀 This is your last chance to take advantage of a FREE trial and exclusive discount that ends tomorrow. With guaranteed contracts, JDC USA is your secret weapon for business growth. Here’s Why JDC USA Is a Game-Changer for MCA Lenders: No Commissions or Revenue Sharing: 100% of the profits are yours; we’re here to bring you clients, not claim a cut. Scalable AI Outreach: Our powerful AI and dedicated team handle lead generation, outreach, and deal closure—so you can focus on closing deals. Our Unmatched AI-Driven Capabilities: Automated Outreach—1,800 Calls/Hour: Reach more prospects faster with high-efficiency calls. Personalized Email Campaigns: Build real connections with tailored email outreach. SMS Engagement: Spark conversations instantly with AI-powered texts. Social Media Outreach: Find your clients where they are—LinkedIn, Facebook, Instagram. Data Precision: Our AI digs deep for insights that power your growth strategy. Ready to leverage AI for your business growth? Don’t miss out! This trial and discount are only available until November 1st. DM or connect with us now! 📧 Email: sales@jdcusa.com 📅 Schedule a Call: calendly.com/jd-jdcusa 🌐 Website: www.jdcusa.com 📞 Phone: 864-203-6204