Results 1 to 25 of 59
Hybrid View
-
06-30-2014, 09:38 AM #1Senior Member
Reputation points: 99426
- Join Date
- Sep 2012
- Location
- New York, NY
- Posts
- 1,780
Ami also conveniently doesn't show that a 5 year loan at 8% APR still comes out to a 1.22 factor in the end, which is just slightly better than an MCA for a top tier merchant over 6 to 9 months. True cost of funds is still about the same. And the MCA requires minimal documentation, no collateral or personal guaranty and the merchant can be funded in 72 hours. Plus he doesn't have to carry long term debt on his books. All things being considered, the MCA is the better bet as long as the merchant's cash flow can support it.
Last edited by MCNetwork; 06-30-2014 at 09:42 AM.
Reply With QuoteSimilar Threads
-
Need Lender Doing Long Terms For Car Dealers
By danra in forum Deal BinReplies: 5Last Post: 06-22-2014, 05:56 AM -
let's make some money
By businessgrowthcapital in forum PromotionsReplies: 4Last Post: 04-30-2014, 12:18 PM -
Don't sell yourself short on commissions
By mfs01 in forum Merchant Cash AdvanceReplies: 5Last Post: 04-09-2014, 09:42 PM -
Hiring inside sales agents for Long island office
By Entrust in forum Help WantedReplies: 1Last Post: 03-17-2014, 12:25 PM -
Do you have a client who needs up to $150k super fast or short term?
By halasniks in forum Business LoansReplies: 0Last Post: 03-11-2014, 03:22 PM
