Any MCA Lender doing $1MM over 18-24 months does $3.5 Gross annually
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  1. #1

    Any MCA Lender doing $1MM over 18-24 months does $3.5 Gross annually

    Great Bank Statements, good deposits $350,000 month Good balances. Fundswired 877-600-FUND Leave message or contact me adele@fundswiredcapital.com
    Last edited by ava712; 01-22-2019 at 06:39 PM.

  2. #2
    Veteran Reputation points: 135672 Chambo's Avatar
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    I don't see a funder giving a merchant almost THREE TIMES monthly deposits. Never heard of such a thing

  3. #3
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    No MCA will do it for that much. Use RE to get it done if merchant truly needs 1M. Even the unsecured term lenders will not go that high

  4. #4
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    there are MCA lenders that will give 1m offers but not if he is only doing 350k a month. He would need to be doing 2-3mill a month for it to stand. That's like a merchant doing 30k and getting 100k offer not happening.

  5. #5
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    Quote Originally Posted by Sachip24 View Post
    there are MCA lenders that will give 1m offers but not if he is only doing 350k a month. He would need to be doing 2-3mill a month for it to stand. That's like a merchant doing 30k and getting 100k offer not happening.
    Max I've seen these days from sfs and bfs is 450-500

    Who will do 1mill Sachip?

  6. #6
    Senior Member Reputation points: 34509 Jstarr's Avatar
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    Well, there was a company out of Miami that would do it, but according to bloomberg they are out of business now..


    Quote Originally Posted by ava712 View Post
    Great Bank Statements, good deposits $350,000 month Good balances. Fundswired 877-600-FUND Leave message or contact me adele@fundswiredcapital.com
    Jerry Starr
    Insource Funding
    433 Plaza Real,
    Boca Raton, Fl 33432
    P: 800-805-3391 Fx: 561-270-6895
    insourcefunding.net

    WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL

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  7. #7
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    Quote Originally Posted by Zonefund View Post
    Max I've seen these days from sfs and bfs is 450-500

    Who will do 1mill Sachip?
    There are a few, Strategic used to go up to mill or more they just have to really like the deal, BFS says they can but Ive never seen them go that high, Influx will, TVT, Par, Libertas, LiftForward (if there is property they max at 2mill) and couple bottom of the barrel lenders that will go high also. But to hit that mark that is extreme amount of exposure for one lender. usually a merchant that can qualify for that amount can qualify for better programs than an mca.

  8. #8
    Our product is a hybrid between an MCA and hard money lender. If the client owns real estate, we can work on this deal.

    -Daily/weekly payments
    -3-5 times the monthly revenue
    -We accept raw land, industrial, commercial, and residential (can be primary) properties as collateral
    -Will go in 2nd, 3rd, and 4th position if there's enough equity
    -We can utilize multiple properties in order to achieve the loan amount desired
    -Terms 6-24 months
    -Loan amount can range from $25K-$4m (flexible if equity and deposits are there).

    Kaylan Calderon
    kcalderon@wbl.com
    212-220-3895

  9. #9
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    Quote Originally Posted by kcalderonwbl View Post
    Our product is a hybrid between an MCA and hard money lender. If the client owns real estate, we can work on this deal.

    -Daily/weekly payments
    -3-5 times the monthly revenue
    -We accept raw land, industrial, commercial, and residential (can be primary) properties as collateral
    -Will go in 2nd, 3rd, and 4th position if there's enough equity
    -We can utilize multiple properties in order to achieve the loan amount desired
    -Terms 6-24 months
    -Loan amount can range from $25K-$4m (flexible if equity and deposits are there).

    Kaylan Calderon
    kcalderon@wbl.com
    212-220-3895
    I do understand your program is for a very specific niche of clients only....but why would anyone ever pay MCA rates sometimes even more then that while putting up collateral? I sent a deal to WBL once for pricing guy had 650 credit over 700k in equity one position outstanding and WBL came back with pricing of a 9 month 1.62 buy rate. Never not even my worst enemy would I send a deal to WBL again.

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