[MCA]

Anyone know how low a factor they are offering merchants?

[Sachip24]

12 month weekly payments 1.19. they don't allow brokers so you will have to get a debt fee agreement upfront from your merchant prior to sending them over to them. But they are unbeatable in regards to pricing. go up to 500k.

[GoodCustomerService]

Had a merchant who received an advance from Paypal: $50k for $56k with weekly payments. The merchants paypal revenue was $25k monthly. It was also funded while the merchant had two positions with National and Kabbage.

[Sachip24]

Had a merchant who received an advance from Paypal: $50k for $56k with weekly payments. The merchants paypal revenue was $25k monthly. It was also funded while the merchant had two positions with National and Kabbage.

yea sometimes 50k under they wont even need bank statements they will just fund it. its wild.

[fundjax]

Saw 75k for 81k / 12mo / $1574 weekly.

[ABC2016]

Anyone know how low a factor they are offering merchants?

I saw 100k for 103k payback 1 year deal.. clearly I was out of my league and got cursed out and hung up on..

[fundjax]

That doesn't sound real. I don't see how even PayPal is ready to put money out for 3 pts a year. They also have other product streams to put their money into that would probably churn better than that.

[WestCoastFunding]

That doesn't sound real. I don't see how even PayPal is ready to put money out for 3 pts a year. They also have other product streams to put their money into that would probably churn better than that.

I’m sure converting people to PayPal and keeping them there makes PayPal a ton of money. Therefore, you don’t need to make money on an advance, if your going to make a ****-ton through PayPal processing transactions. They are in a highly profitable growth stage, and just want to gobble up marketshare.

It’s likw Amazon, their marketplace isn’t making them the bulk of their profitability, but it’s helping to drive people to Amazon’s cloud services that make Amazon their real money.

[moneygreen]

Looks like they going out of business again

[fundingsmbs]

its like amex, charging 4.9% fee to advance money. how does that work

[thefundingdiaries]

It makes sense to offer merchants these terms because it keeps the paypal ecosystem active in brick & mortar operations. PayPal makes alot of money, more than we can fathom. The ability to offer merchants better terms while sacrificing points keeps them competitive and loyal. it's pretty simple

[fundjax]

I certainly hear that.

But we're not talking about giving a cheaper than market rate like they do on their payment processing for some merchants. A "door buster" if you will. It's literally putting out putting out hundreds of thousands of dollars to a single client.

While your probably right, it hard to wrap my head around.

[Lmonus]

Yalber does Principal only if merchant pays in full within the first 30 days if i am correct.