[MidnightAdvance]

The technology for matching MCAs with funders: going on DF and grabbing email addresses.

Just think about it: the fact they think Kevin’s financing products have anything to do with MCAs tells you the technology for matching is non-existent. It makes no sense. Worse, it tells you that they really don’t have even a basic understanding of MCAs nor conventional and asset based lending.

But worst of all, there is no vetting process whatsoever. All this talk of a sign-up process, yet you’re sending dealflow unsolicited.

Hey westcoast, have you ever tried saying even one positive sentence on this forum? Everything so bitter.

These guys are bringing something new to a market filled with problems, they invested months if not years to bring this software to life, and are trying to customize it so that it works for both parties. What's wrong with that?
As far as a so called fake "lender" signing up to grab some free leads/deals, they got that covered. There's no personal info revealed and they have technology that tracks every move. Even if someone does try to steal, it won't last long.

As far as the file being shot out to multiple funders, well so what? There's only one credit pull.

I personally don't like it, because of the challenge of pricing deals with all those "black boxes" on the statements. I also don't like to fund through a random tech board, without knowing the ISO who's selling the deal, and knowing the complete history of the deal, but again that's a personal preference, but as far as the actual "idea" of this thing and the way they designed the platform, why knock it?

It's a solid idea, god help them succeed.