[Eagle Funding]

Does anyone work with MCG and can give me some feedback, and if positive can they give me their reps contact info.

[AMERICApital1]

Andrew Roberts - Andrew@merchantcashgroup.com

[WestCoastFunding]

They give some wild offers on files no one else will touch. I’m talking $2,600 advances with 20 something payments.

[Chambo]

they allegedly don't run credit, so BK's and liens and whatnot can pass thru. Their offers are all short term (20-60 days) and the factors are up there (I've seen 1.60's from them before)

They don't do trucking and I believe they don't touch construction, but if you have a deal that is outright dead everywhere else? Give em a try

Oh yeah, their renewal commissions are 5-6 points only

[abfunders]

MCG told me that something great about their program (which I can appreciate) is that the shorter terms (renewals at 50% I think?) means that the client will get funded MORE often than anyone else so the commissions build up.

[Michael I]

MCG told me that something great about their program (which I can appreciate) is that the shorter terms (renewals at 50% I think?) means that the client will get funded MORE often than anyone else so the commissions build up.

Come on you falling for that? Yes of course doing short term let's you renew quicker but when you half the commission it takes all that away . It is just a sales pitch .like mcaguru writing double digits which is code word for 10% not the standard 12

[Michael I]

Mcg does have a great product ,however elevate seems to be the same guidelines like they copied each other

[HeatherF]

Mcg does have a great product ,however elevate seems to be the same guidelines like they copied each other

Elevate starts at 60 days and goes out to 128 days on advances. Our factor rates do not go above a 1.45 and commisison is on the payback amount; we do not do buy rates. Our products are in no way a like and qualifications are very different.

[MidnightAdvance]

Does anyone work with MCG and can give me some feedback, and if positive can they give me their reps contact info.

If you get an offer of $2,600 payback $4,900 $199 daily paying you 5 points, I'd match that paying you 10 points.

[Cashman1]

Come on you falling for that? Yes of course doing short term let's you renew quicker but when you half the commission it takes all that away . It is just a sales pitch .like mcaguru writing double digits which is code word for 10% not the standard 12

And with Mantis they always put there own PSF on Deal!

[Michael I]

Elevate starts at 60 days and goes out to 128 days on advances. Our factor rates do not go above a 1.45 and commisison is on the payback amount; we do not do buy rates. Our products are in no way a like and qualifications are very different.

I stand corrected . sorry

[Jacob@MCG]

Hey Guys,


Great to see this thread about us containing, for the most part, accurate accounts. Overall, yes we are a decline funder that never checks credit for an approval. Our ACH options are between 22 and 79 debits and our Split options are between 2 and 4 months. On renewal, these terms are extended out to increase funding. With our short term deals, we have been able to get merchants more funding than a long term deal which our merchants and ISOs both appreciate. Some renewals can occur 5 to 6 times in the same year with the same merchant. Currently our rates range from 1.36 to 1.53. We offer buy terms and buy rates. Our niche is with merchants that generate an average between 5k and 50k a month and are typically declined for poor credit. If anybody has any more questions or would like to speak to a rep, feel free to drop an email with ISOSupport@merchantcashgroup.com.

Thanks,


Jacob G