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01-11-2018, 12:56 PM #1
- Join Date
- Jun 2017
- Posts
- 8
Blue Rock Capital is now Funding
Good Afternoon Everyone,
I hope this message finds you well.
We are a new funder in the MCA space. Our goal is to earn your business by providing honesty, transparency, excellent service, quick offers and funding with few stipulations.
Basic Guidelines: We are an MCA A-D paper funder, that specializes in high risk paper. Our typical term is between 3-6 months at a 1.45 factor rate. We renew files as early as 50% paid back. We pay our ISO's 8 points on the funded amount, with NO CLAWBACK. We typically make offers within 2-4 hours maximum of receiving a submission. We typically fund within 2 hours of receiving signed contracts. We pay commissions within 24 hours of the deal being funded.
Industry Restrictions: Unlike most funders, we do not have any industry restrictions. However, industries with low profit margins, such as auto dealers and construction companies we typically make more aggressive offers.
Submission Requirements: In order to approve a file, we require a one page application and previous 4 months of business bank statements. If the business has multiple bank accounts, we would like to underwrite those accounts on the front-end.
Funding Stipulations: On majority of our files we simply require the owners drivers license, business voided check and proof of ownership.
Our commitment is to helping our ISO's win deals in the extremely competitive MCA space. We aim to do this by providing quick offers and funding with few stipulations.
To request an ISO package, set up a call with an ISO Manager or send a new deal, please email submissions@brcbusinessfunding.com
Best Regards,
Management
Blue Rock Capital
95 Main Ave, Clifton, NJ 07014
(W): www.brcbusinessfunding.com
(E): submissions@brcbusinessfunding.com
(P): (908)-759-2300
(F): (908)-325-1965
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01-12-2018, 12:18 PM #2
- Join Date
- Dec 2013
- Posts
- 4,713
Mazel!
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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01-12-2018, 02:14 PM #3
- Join Date
- Jun 2017
- Posts
- 8
Thanks Marcus
Best Regards,
Management
Blue Rock Capital
95 Main Ave, Clifton, NJ 07014
(W): www.brcbusinessfunding.com
(E): submissions@brcbusinessfunding.com
(P): (908)-759-2300
(F): (908)-325-1965
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01-12-2018, 01:17 PM #4
- Join Date
- Dec 2016
- Location
- Brooklyn N.Y.
- Posts
- 428
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01-12-2018, 01:59 PM #5
- Join Date
- Oct 2016
- Posts
- 4,318
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01-12-2018, 02:20 PM #6
- Join Date
- Jun 2017
- Posts
- 8
Correct , and just to briefly add to your note , my firm would not have gotten to this point if not for the amazing help of some excellent funders in this space.
Best Regards,
Management
Blue Rock Capital
95 Main Ave, Clifton, NJ 07014
(W): www.brcbusinessfunding.com
(E): submissions@brcbusinessfunding.com
(P): (908)-759-2300
(F): (908)-325-1965
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01-12-2018, 05:40 PM #7
- Join Date
- Jun 2016
- Posts
- 416
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01-14-2018, 12:32 AM #8
- Join Date
- Jun 2017
- Posts
- 8
Hi AdvanceFund,
My name is Samantha and I'm one of BRC's associates. I'm an assistant to Jake Goder, our CEO.
Feel free to email submissions@brcbusinessfunding.com if you or anyone else on reading this forum would like to set up a call.
All the best,
Management
Blue Rock Capital
95 Main Ave, Clifton, NJ 07014
(W): www.brcbusinessfunding.com
(E): submissions@brcbusinessfunding.com
(P): (908)-759-2300
(F): (908)-325-1965
Last edited by Blue Rock Capital; 01-14-2018 at 12:45 AM.
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01-14-2018, 02:50 PM #9
- Join Date
- Dec 2016
- Location
- Brooklyn N.Y.
- Posts
- 428
Nothing on the courts (no COJs filed under your entity), are you guys actively funding?
High risk paper
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01-14-2018, 04:34 PM #10
- Join Date
- Jan 2018
- Posts
- 353
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01-15-2018, 08:30 AM #11
- Join Date
- Jun 2017
- Posts
- 2,049
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01-15-2018, 03:01 PM #12
- Join Date
- Mar 2016
- Posts
- 186
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01-15-2018, 08:15 PM #13
- Join Date
- Dec 2016
- Location
- Brooklyn N.Y.
- Posts
- 428
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01-15-2018, 11:01 AM #14
Blue Rock Capital is now Funding
Jake is good people, I have known him personally and professionally for 5 years. He recently hired a great team to surround himself with and will do extremely well funding.
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01-15-2018, 01:08 PM #15
- Join Date
- Jun 2017
- Posts
- 8
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02-11-2018, 10:45 PM #16
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01-15-2018, 01:27 PM #17
- Join Date
- May 2017
- Posts
- 122
Isaac N Mizrahi
ISO Relations Manager | SPG Advance, LLC
Office: 212-225-8279
Mobile: 323-617-1397
Email: Isaac@SPGAdvance.com
www.SPGAdvance.com
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01-15-2018, 04:07 PM #18
- Join Date
- Jun 2017
- Posts
- 8
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02-12-2018, 12:09 PM #19Karen37aGuest
That was a very professional entry into the mca world.
And they cant have cojs if they just started.
The Key is how much money do they have( or want) monthly for a funding allocation, and what is their preferred "wheelhouse"...which you find out thru time/ relationship building.
here comes the new money... cycles, money is always green
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