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10-09-2018, 06:06 PM #1
- Join Date
- Apr 2014
- Location
- Chicago, IL
- Posts
- 185
MCA on a future business purchase for $1.3MM
I'm trying to see if there's any truth to this.
Spoke to a prospect today who has an offer from a MCA company for $1.3MM over 2 years. Here's the kicker: he doesn't own the firm. In fact he's about to buy it and they're advancing him the funds on the day he closes.
I never heard of these types of deals. Is it real? Can any lender out there compete on this??
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