Results 1 to 21 of 21
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03-06-2018, 11:09 AM #1
Million Dollar MCA do they really exist?
Are there any funders who do really do Million Dollar MCA or is it just bull ish?
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03-06-2018, 11:11 AM #2Disclaimer
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03-06-2018, 11:13 AM #3
21 Million dollar health care agency and the biggest offer was 500k. 11M plumbing and desgin co biggest offer I got was 450k. Max deals Ive done was for 500k.
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03-06-2018, 11:16 AM #4
I've done them so yes they exist.
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03-06-2018, 11:18 AM #5
100% they exist, there are a couple of companies that will fund that high if the file warrants it.
John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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03-06-2018, 11:19 AM #6
- Join Date
- Dec 2016
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- Brooklyn N.Y.
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03-06-2018, 11:21 AM #7
- Join Date
- Feb 2017
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- 3,464
You really should be factoring them on top of the MCA. They might already be factoring, in which case you should try to take over their current company and beat their rates.
Unless you only want to sell money at the highest price and ignore repeat business, rather than gain clients for the long-term.
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03-06-2018, 11:27 AM #8
- Join Date
- Jun 2016
- Posts
- 39
There are 100% 1m dollar deals with 1GC doing them consistently i have heard they even do 2m and 3m dollar deals
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03-06-2018, 11:32 AM #9
Waller,
Have you tried to work with TVT Capital? We do million dollar mca's all day long. Especially for these types of high-volume clients. We are not a funder that is going to give you two 250k contracts either and have to piece it together, we will get it done in one shot. Inbox me and let's chat todday - put that 500k offer you have on the back burner until you see what we have to offer.Anthony Diamond
Underwriter
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03-06-2018, 11:33 AM #10
Yes there is but let's rephrase this.
There are Companies that hold investors who will support a million dollar + funding. These types of files usually have more than one party supporting the submission though because the originator of that "deal" that is searching for that type of capital usually CANNOT be supported by that ISO/Agent.
You can see the the max approval criteria on all Funders but on a serious inquiry, if you do have a Business who you see qualifies (not "wants" or "expects"), you would now need to represent that Business in such a way that it is more than an application and bank statements. If Agents understood this, the information for those who do larger deals would be more public - they just chose not to work with a lot of people or have no one to work in between the madness.
When I say "in between" you think "co-broker" but trust me it's A LOT more work than what that word entails. So it is NOT co-brokering... it is having a strategic partnership with a person or Company that knows how to work with your Company and merge your large clients into a process they understand and expect when it is NOT a $30k MCA.
Do that answer the question
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03-06-2018, 11:39 AM #11
- Join Date
- Dec 2013
- Posts
- 4,713
Anthony that's a lot of cash do be doing them all day long! -GOD BLESS!!
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
——————————————————————————
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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03-06-2018, 11:39 AM #12
- Join Date
- Feb 2016
- Posts
- 245
just did 1.3mm, if you need help placing a file let me know.
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03-06-2018, 11:49 AM #13
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03-06-2018, 12:53 PM #14
Million Dollar MCA do they really exist?
YSC did 3 separate million plus deals in Feb
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03-06-2018, 01:00 PM #15
- Join Date
- Jan 2014
- Posts
- 1,380
they most definitely do exist.
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03-06-2018, 01:37 PM #16Karen37aGuest
waller they do exist but the file has to be great and they do a lot of underwriting on it. A lot of companies say they will or can do it but wont really touch a file above 150...250k max.
if they do get done some * top funders/lenders are spreading the "risk" or syndicating( or collateral). Huge hit to take if they default, one deal like that can put someone under.
If you release that file to the wrong person you will never see it again...and sales ability or not...they will choose 1 million over anyone dazzling personality.
If you had a file you can email me, if you didnt find your answers... I can guide you if you didn't know where to go.
** ive dragged a few down to 250k 500k and renewed, renewed, renwed to get around itLast edited by Karen37a; 03-06-2018 at 01:45 PM. Reason: *
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03-06-2018, 02:24 PM #17
- Join Date
- Nov 2017
- Posts
- 17
Next time send to us and let me show you they do exist
Wesley D'Aguiar
Iso Director
13023307700
Cash Capital Group llc
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03-06-2018, 02:40 PM #18
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- Jan 2018
- Posts
- 353
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03-07-2018, 07:34 AM #19
- Join Date
- Feb 2018
- Location
- San Diego, CA
- Posts
- 103
We funded one for a Latino owned business last month with over $8M revenue. But they're rare and not easy.
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03-07-2018, 10:32 AM #20
- Join Date
- Jan 2018
- Location
- Florida
- Posts
- 12
Thank you for the mention!
1st Global Capital does offer some of the highest dollar amounts in the industry if a merchant warrants it. We offer both MCA and Collateral Advances.
Feel free to contact me directly if you are not currently working with one of our RMs.
Thank you,
Jayson Glick
Director New Business Development
1st Global Capital Financial Services
1250 East Hallandale Beach Blvd.
Suite #409
Hallandale Beach, FL 33009
T: 888-374-3150 ext. 148
D: 786-870-4373
C: 561-317-9464
E: JGlick@1stGlobalCapital.com
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03-08-2018, 02:47 PM #21
- Join Date
- Jun 2017
- Posts
- 2,049
Credit Cash is the only company ive done multi million deals with
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