Need mca, doing 1.5mm per month, seeking 1.2mm
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  1. #1
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    Need mca, doing 1.5mm per month, seeking 1.2mm

    I have a merchant doing 1.5mm per month, with absolutely stellar credit, true A paper, doing 1.5 million a month seeking 1.2 million in funding EXCEPT he wants the term to be at least 3 years. Is there anybody out there that would take on a 3 year deal? Does that lender exist or do we need to look at other alternatives like loans? I would ideally like to pull off an mca but I dont know anybody that would do more than 2 years.. Any takers?




    Ian G. Nadjari
    Managing Director

    Riverstrong Capital, Inc.
    95 Wall Street
    Floor 6
    New York, NY 10005

    Phone: (917) 983-9621
    Email: Ian@RiverstrongCapital.com

  2. #2
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    No one will offer a 3 year MCA.

  3. #3
    Senior Member Reputation points: 68233
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    Dec 2014
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    Quogue, NY
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    WestCoast is right: nobody is putting out 3 year MCA's. There are Funds that we work with however, that will deploy capital and receive it back monthly over 3-5 years- with a payment that is a percentage of monthly sales. The cost of capital is typically less than an MCA but more than institutional debt.

    UW time is approximately 30 days. Financials and growth trajectory are the things that interest those funds most..

    rg@businesscapitalconsultants.com

  4. #4
    Quote Originally Posted by Iannad View Post
    I have a merchant doing 1.5mm per month, with absolutely stellar credit, true A paper, doing 1.5 million a month seeking 1.2 million in funding EXCEPT he wants the term to be at least 3 years. Is there anybody out there that would take on a 3 year deal? Does that lender exist or do we need to look at other alternatives like loans? I would ideally like to pull off an mca but I dont know anybody that would do more than 2 years.. Any takers?




    Ian G. Nadjari
    Managing Director

    Riverstrong Capital, Inc.
    95 Wall Street
    Floor 6
    New York, NY 10005

    Phone: (917) 983-9621
    Email: Ian@RiverstrongCapital.com
    No one will go out so long on an MCA but if you can get it done for a year or less dont hesitate to reach out to me.
    Edward Stone
    Senior Funding Coordinator
    WG Capital LLC
    Direct: 833-386-3766 Ext 701
    Cell: 347-582-8538
    edward@WGCapitalllc.com

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