[Fundingfordollars]

That’s a tough one. I always felt the competitive advantage I had was speed getting offers from funders that offer exclusivity and no COJs. Felt that if my offer didn’t have a COJ, but the other brokers did, I would most likely win the deal. So I try to stay as far away from COJs as possible. Really, I try to stay away from MCAs as a whole. But when you have files that are obvious MCA fits its hard not to place them - even with COJ funders.

Knowing what I know now, will I still place merchants with YSC and others? Yep. But I’m going to explain what’s at stake with much more clarity. I’m also going to explain that a triggering event isn’t clear, so the best way to avoid issues is to stay in communication with the funder. At that point they have to make a decision on what’s best for them.

What are deals are you prospecting if you dont mind me asking since you are shying away from MCA`s ?

[WestCoastFunding]

What are deals are you prospecting if you dont mind me asking since you are shying away from MCA`s ?

I like the path of least resistance. Commercial real estate seems underserved.

[Fundingfordollars]

I like the path of least resistance. Commercial real estate seems underserved.

Good Luck to you with it. I love the fast sales cycle of the MCA product. My biggest issue is marketing. Its such a gamble in this industry. Very hard to find a great source.

[WestCoastFunding]

Good Luck to you with it. I love the fast sales cycle of the MCA product. My biggest issue is marketing. Its such a gamble in this industry. Very hard to find a great source.

I hear you. Don’t get me wrong, my focus has never been solely in the MCA space. I always focus elsewhere, but the MCA tool is a very valuable one to have. Businesses get caught with their pants down every now and then and need a quick $100k. Take away MCAs and some of these guys would be missing payroll.