Cash advance industry volume
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  1. #1

    Cash advance industry volume

    Hey,
    Any body knows whats the industry yearly volume in dollars approximately?

  2. #2
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    Structured as An advance 5-7Billion would be my guess.
    Marcus Clapman | Business Development | Cresthill Capital
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  3. #3
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    Hi Sarah,

    It might be worth a call to Stephens & Company investment bank. They have place several debt deals in the industry and have done some securitizations. That being said, if they are doing such work I am sure they have some great data points.
    They posted an advertisement recently in deBanked.

    KH
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  4. #4
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    I think since most of the companies in the MCA Space are private (private in every way)i think its everyone guess the true volume of the MCA industry.
    Marcus Clapman | Business Development | Cresthill Capital
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  5. #5
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    Marcus,

    Investment Bankers with deep industry knowledge have relationships with multiple clients within an industry and have access to private information that others may never be able to obtain. They may never be at liberty to tell you WHO, but can certainly provide good color on what, why, and when.

    A jack of all trades and a master of none will never get private info on any industry. Stephens & Company is a well respected Investment Bank.
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  6. #6
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    Marcus himself accounts for almost half of the industry funding.

  7. #7
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    Quote Originally Posted by moneygreen View Post
    Marcus himself accounts for almost half of the industry funding.
    Did you mean half the industry's super subprime ?
    Marcus Clapman | Business Development | Cresthill Capital
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  8. #8
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    Quote Originally Posted by mcaguru View Post
    I think since most of the companies in the MCA Space are private (private in every way)i think its everyone guess the true volume of the MCA industry.
    agreed alot are private


    for instance MANTIS/MARCUS is very private about if his company will fund deals without coj

  9. #9
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    It's hard to put a value on it because so many Fundings are double-counted (the Broker claims them as Fundings as does the Funder), but I guesstimate around $7 MM annually

  10. #10
    Quote Originally Posted by Esteban2000 View Post
    It's hard to put a value on it because so many Fundings are double-counted (the Broker claims them as Fundings as does the Funder), but I guesstimate around $7 MM annually
    That's probably closer to the daily funded amount

  11. #11
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    Quote Originally Posted by mcaguru View Post
    Did you mean half the industry's super subprime ?
    I think he meant half of this forum's bull****.

  12. #12
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    I think this forum is made up of many solid people who for the most part come on to follow vs partake in posting -- the Untold story is that many of the CEO's at the largest Funding Houses in the nation are in fact daily readers of the daily funder (Almost in all cases when boarding to MANTIS the largest funders in America they comment about my postings on the funder!! --
    Last edited by mcaguru; 06-28-2019 at 02:36 PM.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  13. #13
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    Quote Originally Posted by mcaguru View Post
    I think this forum is made up of many solid people who for the most part come on to follow vs partake in posting -- the Untold story is that many of the CEO's at the largest Funding Houses in the nation are in fact daily readers of the daily funder (Almost in all cases when boarding to MANTIS the largest funders in America they comment about my postings on the funder!! --


    they comment on how much nonsense you speal


    dude where yourselft respect

    if i was a herb like you id never post again on here for how much abuse you get (all of which you beg for)


    your like a 3rd grader with a kick me sign on their back

  14. #14
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    Marcus do you guys require a coj?

  15. #15
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    Quote Originally Posted by SmartAdvanced View Post
    Marcus do you guys require a coj?
    on the topic of coj

    did you decide if you will continue with or without adderal?

  16. #16
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    I am planning to cut my adderal as soon as COJs are dead.

  17. #17
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    Quote Originally Posted by mcaguru View Post
    I think this forum is made up of many solid people who for the most part come on to follow vs partake in posting -- the Untold story is that many of the CEO's at the largest Funding Houses in the nation are in fact daily readers of the daily funder (Almost in all cases when boarding to MANTIS the largest funders in America they comment about my postings on the funder!! --
    **** attracts flies. Flies have a very short lifetime.
    PS: You are **** and a broker shop

  18. #18
    Quote Originally Posted by HDF View Post
    **** attracts flies. Flies have a very short lifetime.
    PS: You are **** and a broker shop
    Well dam then...lolz

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