Who Does Monthly MCA Payments?
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  1. #1
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    Who Does Monthly MCA Payments?

    Looking for an MCA that accepts monthly payments, not daily or weekly. Are there any out there?

    Thank you in Advance!!

  2. #2
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    "MCA" and "Monthly" don't go together.
    Are you looking for 10 points and the client will only accept monthly? Or is the client only qualified for an MCA and they will only do a monthly payment?

    What's the industry, what's the credit, what are the challenges? You'll get a better idea of what's out there.

  3. #3
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    the only one close is LOANME. No MCAs go monthly payment...

  4. #4
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    montlhly payment on MCA not in this lifetime. You can get bi-weekly with few lenders like TBB and couple others but thats the best you will get in the MCA space. Monthly you would be looking at term loan or LOC

  5. #5
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    Quote Originally Posted by RS Capital View Post
    Looking for an MCA that accepts monthly payments, not daily or weekly. Are there any out there?

    Thank you in Advance!!
    liftforward, not an mca lender though...

  6. #6
    Bluevine does LOC's on either weekly or monthly. Not an MCA but a lot easier than going to the bank.

  7. #7
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    Quote Originally Posted by IfundItAll View Post
    Bluevine does LOC's on either weekly or monthly. Not an MCA but a lot easier than going to the bank.
    Since when does Bluevine do monthly?
    They'll do the factoring, and that's not a monthly payment.

  8. #8
    Quote Originally Posted by RS Capital View Post
    Looking for an MCA that accepts monthly payments, not daily or weekly. Are there any out there?

    Thank you in Advance!!
    It's true. BlueVine offers the Flex 6 month LOC with weekly payment and the Flex 12 month LOC with monthly payment. If your client qualifies for the Flex 12 month, it does have a monthly payment. I'll introduce you to our rep if you'd like. We closed one yesterday.

  9. #9
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    Quote Originally Posted by ElitheMoneyGuy View Post
    It's true. BlueVine offers the Flex 6 month LOC with weekly payment and the Flex 12 month LOC with monthly payment. If your client qualifies for the Flex 12 month, it does have a monthly payment. I'll introduce you to our rep if you'd like. We closed one yesterday.
    Ah. All of my clients over there are on the 6-month program. That would explain why I haven't seen the monthly one.

  10. #10
    Depends on your merchant. If he has a really clean business and decent credit score you can check out Breakout Capital.

  11. #11
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    Quote Originally Posted by gothamcitycap View Post
    Depends on your merchant. If he has a really clean business and decent credit score you can check out Breakout Capital.
    Breakout offers loans. Only place I’ve seen other monthly MCAs was Dan Page’s old program. Now that it’s gone, there isn’t any.

  12. #12
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    I heard business backer does monthly?
    Anyone know? I haven't been able to get signed up with them due to my corps tib

  13. #13
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    Quote Originally Posted by Mynameisbob View Post
    I heard business backer does monthly?
    Anyone know? I haven't been able to get signed up with them due to my corps tib
    they are very selective on ISO sign ups, you have to be funding 3-5m a month to get signed and submit to atleast fund 1m a month.. per my last few attempts to sign.

  14. #14
    LoanMe offers monthly payment term loans from $3,500 to $250,000. Minimum FICO 500, Minimum TIB 90 days. Multiple positions ok, final approvals based on affordability, not strictly revenue or deposits. We can work with all "For-Profit" Industries. Give us a call 949-535-7798
    LoanMe Business
    949-535-7798
    Email: Business.Loans@LoanMe.com




    www.loanme.com/SBL-partner
    1900 S State College Blvd. Suite 300
    Anaheim, CA 92806

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