Activity Stream
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Older Activity
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Today, 10:58 AMDailyCloser replied to a thread CRM Recommendations (Sales Force or Centrex) in Merchant Cash AdvanceHave you not seen the recent incident with Centrex? Extremely safe isnt the correct wording I'd use. https://dailyfunder.com/showthread.php/26895-Centrex-Software-Security-Incident -
Today, 10:48 AMCan you explain how you protect your data? Centrex and salesforce are extremely safe.
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Today, 10:33 AMMCA Simplified replied to a thread CRM Recommendations (Sales Force or Centrex) in Merchant Cash AdvanceIf you need a CRM that won't break the bank and has similar features and functionality as the above listed. Check out MCA Simplified. We are a All-In-One Solution pre-built for MCA. Anything from Lead Management To Marketing, we got you covered. Our New Client Portal which should be completed in a few months will also allow for advance tracking as well as criteria matching for funder submissions. Check us out. We offer a Free Trial as well MCA Simplified MCAsimplified.com Sales@MCAsimplified.com 718.557.9554
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Yesterday, 09:14 PMWho are these guys? There isn't an address on their website. Is it Mantis, rebranded?0 replies | 151 view(s)
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Yesterday, 05:30 PMabfunders replied to a thread Change to Prejudgment Remedy (PJR) in MCA Collection Actions in Connecticut in Merchant Cash AdvanceI heard about this through the grapevine, Connecticut will no longer be a safe haven for a bunch of fraudulent funders with this new law taking effect.
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Yesterday, 05:14 PMMCSlay replied to a thread Change to Prejudgment Remedy (PJR) in MCA Collection Actions in Connecticut in Merchant Cash AdvanceSuccinct and brilliant
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Yesterday, 04:12 PMCloudSquare Broker (formerly BrokerSuite) is specifically designed for brokers in the Merchant Cash Advance (MCA) industry, leveraging the capabilities of the world's leading CRM platform, Salesforce. This robust solution enables seamless integration with your online application and thousands of third-party applications available on the Salesforce AppExchange. It facilitates submission to lenders via email or API, while also providing comprehensive tracking of offers, commissions, renewals, and more. With CloudSquare Broker, you can have peace of mind knowing your data is securely protected. Feel free to email me to set up a live demo. dmikhailov@cloudsquare.io
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Yesterday, 03:50 PMlrocklin started a thread Change to Prejudgment Remedy (PJR) in MCA Collection Actions in Connecticut in Merchant Cash AdvanceNeubert, Pepe & Monteith, P.C. is a law firm in Connecticut that represents MCA funders in collection actions. The Prejudgment Remedy (PJR) law in Connecticut is scheduled to change on July 1, 2024, per Public Act 23-201 (Act). We have published an article that outlines the changes to the PJR law for MCA collection actions, as we presently understand them. A link to the article is here: https://npmlaw.com/article/public-act-23-201-change-to-prejudgment-remedy-pjr-in-merchant-cash-advance-mca-collection-actions-in-connecticut/ In summary, the Act as drafted (i) does not change the PJR waiver attachment procedure in cases where the MCA financing amount is more than $250,000, and (ii) limits the use of a PJR waiver to after commencing litigation, and not upon, in cases where the MCA agreement is entered into on or after July 1, 2024, and the amount of financing is $250,000 or less. Note: The article contains our understanding and opinions as of the date of the article. It is not known how the courts will interpret the Act, including if in accordance with our article. No attorney client relationship exists by reading our article. Lucas Rocklin, Joseph Dunaj, John Szalan Neubert, Pepe & Monteith, P.C.2 replies | 299 view(s)
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Yesterday, 03:12 PMVader, Bitty, Superfast, Epic, EBF
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Yesterday, 02:18 PMAn SBA would help. If the merchant is looking for an MCA bridge with a low cost, we could help. The merchant could pay 1% per week and pay off at any time, 10 months is the max dylan@regiumfunding.com 786-991-2997
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Yesterday, 02:15 PMJust thought I'd update this thread, I called the guys at Flagler Advance and asked them about some of the questions here. I spoke with James, and asked them about this thread specifically lol - And long story short, everything made sense, they hired a website development team, that used a template, and the developers pretty much copied previous work from a previous client. I also will attest they funded a high risk deal, that went bad on them first payment, merchant was a POS, but I helped resolve the issue for them. Merchant was a former owner of Iron Addict gym(google), anyways they still paid me 2 points on the deal, even though they only got 1.07(however, it was paid back in 3 weeks). I was not upset at all, I thought it was fair play to be honest, and I will be sending them more deals. They overlooked this guys previous default and criminal record, and when the deal went bad after they collected paid me 2 pts. they're stand up.
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Yesterday, 01:15 PMStill lending
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Yesterday, 12:22 PMBitty
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Yesterday, 11:50 AMSam@electrafunding replied to a thread 15 points to first deals funded together in June!!! in Promotions1st
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Yesterday, 11:26 AMWe fund Merchant's that bank with BlueVine
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Yesterday, 11:25 AMNo Industry is Immune from Attacks https://ien.formstack.com/forms/industrial_media_security_breach_podcast
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Yesterday, 10:55 AMHaving Steve help with the SBA 7A would be a great option. If the merchant is looking for something quicker, I provide an mca that mimics a line of credit. Can fund them right now right away and when they need a renewal, I can do a simple add on rather than refinance the balance. (Payment stays the same, they get more money and we wait until primary balance is paid off to start collecting on next round of funds) call or email to discuss more. I was an underwriter here for many years before taking on this role as a broker relations manager... hopefully we can find your client a proper solution
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Yesterday, 10:39 AMCareful of KMT Funding, someone on the forum said that they're connected to World Global Fund (Solomon for those who know)
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Yesterday, 10:39 AMI know for sure I have declines from EBF in my inbox on Bluevine statements
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Yesterday, 10:36 AMI know for sure EBF does
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Yesterday, 10:27 AMIf you're a new company and are more in the higher risk side of the MCA space, GoACH may be the only company that will work with you without a reserve (98% of the time)
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Yesterday, 09:36 AM15 points on first "deals" funded? How many deals? First 10, 20, or what? Thank you.
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Yesterday, 08:09 AMI am doing a SBA 7A for one right now. Just got the committment for $500,000
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Yesterday, 02:43 AMSmall business but well qualified - good pc, nice margins, zero debt - looking for working cap and a line would be the absolute ideal. This could include PSF agreement needed community banks with hunting enthusiasts on the board. Well aware its an industry on the sh*tlist.3 replies | 188 view(s)
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Yesterday, 02:11 AMLendistry but not app only, North Mill, New Lane, CH Brown... others
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06-05-2024, 08:28 PMtoo small for us min 500k. Perhaps one of the guys on this thread can help. best
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06-05-2024, 08:02 PMtry these...last one was a referral from Marcus. Menachem at Caplitalize Group at 347.519.2822 - Marcus at Capaybara 561.404.1674 Jake at KMT Funding - 347 617 2192
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06-05-2024, 07:26 PMWho funds Bluevine statements?7 replies | 431 view(s)
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06-05-2024, 06:45 PMWhen did PayPal start offering ACH? What are the fees?
