Need a Funder or Vendor? START HERE

Results 1 to 8 of 8
  1. #1
    Member Reputation points: 10
    Join Date
    Apr 2016
    Location
    Grosse Pointe Woods
    Posts
    6

    long term MCA

    Does anyone know of lenders that do 15 or 18 month MCA's?

  2. #2
    Senior Member Reputation points: 216519
    Join Date
    Feb 2017
    Posts
    3,334

    Use the search function, it's very helpful. We discussed this just last week.
    http://dailyfunder.com/showthread.ph...-month-Funders

    BTW, the rule is the longer the term, the higher the factor rate.

  3. #3
    Senior Member Reputation points: 11553 Eagle Funding's Avatar
    Join Date
    Oct 2014
    Location
    New York
    Posts
    385

    BFS, IOU, QS, Credibly, Vital
    Eagle Funding Group
    Phone: (646) 793-6809
    Email: info@eaglefundinggroup.net
    Web: www.eaglefundinggroup.net

  4. #4
    Senior Member Reputation points: 11553 Eagle Funding's Avatar
    Join Date
    Oct 2014
    Location
    New York
    Posts
    385

    Quote Originally Posted by abfunders View Post
    Use the search function, it's very helpful. We discussed this just last week.
    http://dailyfunder.com/showthread.ph...-month-Funders

    BTW, the rule is the longer the term, the higher the factor rate.
    That's a great take, I used to think a 6 month deal would have a higher factor than a 12 month deal. Appreciate that
    Eagle Funding Group
    Phone: (646) 793-6809
    Email: info@eaglefundinggroup.net
    Web: www.eaglefundinggroup.net

  5. #5
    Quote Originally Posted by cnhsales View Post
    Does anyone know of lenders that do 15 or 18 month MCA's?
    Been getting 15 month deals from the marketplace there not a lender though
    Last edited by Asset Advance; 10-19-2017 at 03:00 PM.

  6. #6
    Our AVERAGE term is over 12 months and we consistently make offers (and more importantly FUND!) deals in the 15 to 24 month range. We have very competitive buy rates starting at 1.25% per month (lowest 15 month is a 1.19x and lowest 18 month is a 1.23x), the loans have a revolving line of credit renewal feature and we never charge interest on interest (no double dipping). Typically, those approved for the longer terms would have the option of weekly pay or monthly pay and we can also offer much larger early repayment incentives (can be as high as 75% off the interest balance). Feel free to reach out to me directly with any questions and if you want to get signed up.

    Steven Safirstein
    Vice President of Sales & Head of ISO Relations
    Breakout Capital Finance, LLC
    6862 Elm Street, Suite 300, McLean, VA 22101
    O: 703 852 6013 I steven@breakoutfinance.com

  7. #7
    Senior Member Reputation points: 12169
    Join Date
    Jul 2015
    Posts
    168

    We can get to 18 @Lendvo, not going to lie and tell you that is easy though. That being said good 1st position true A-paper can get to 14 pretty often with us.

  8. #8
    12-15 all day long...(first pos) and dont stip merchants or reps to death

Similar Threads

  1. Replies: 14
    Last Post: 04-17-2017, 06:30 PM
  2. Long Term on a 3rd position
    By funddog in forum Merchant Cash Advance
    Replies: 4
    Last Post: 12-23-2016, 10:29 AM
  3. long term 2nd position
    By AlexSMF in forum Merchant Cash Advance
    Replies: 6
    Last Post: 01-21-2016, 09:37 PM
  4. Long Term Funder
    By David35 in forum Merchant Cash Advance
    Replies: 4
    Last Post: 02-23-2015, 10:27 AM
  5. long term 2nd postions 9-12 months.
    By alibaba in forum Merchant Cash Advance
    Replies: 1
    Last Post: 01-16-2015, 09:42 AM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

BoA launches business loan marketplace
Quickbooks adds new LOC product
Dext Capital upsizes corp note


DIRECTORY