Results 1 to 16 of 16
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07-10-2019, 10:58 PM #1
- Join Date
- Jan 2019
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- 51
Life after MCA's...
We all know MCA's has a short shelf life ahead... wheres everyone going after this product becomes obsolete and Amazon and the rest of big 'tech' companies take over?
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07-11-2019, 09:45 AM #2
- Join Date
- Jun 2017
- Posts
- 2,049
Lol
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07-11-2019, 10:23 AM #3
- Join Date
- Mar 2016
- Posts
- 908
MCA isnt going anywhere - But some firms might get crushed in the changes that are to come. Those who do right, will be alright.
Thank you,
Lior Monus
Business Development Manager
CFG Merchant Solutions
Direct: (646) 880-6764
Cell: (516) 319-5826
Fax: (646) 278-7322
Lmonus@cfgms.com
180 Maiden Lane New York, NY 10038
www.cfgmerchantsolutions.com
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07-11-2019, 10:45 AM #4
- Join Date
- Jun 2018
- Posts
- 55
David Fite
Director of ISO Relations
Windgate Capital
40 Wall Street, 29th Floor, New York, NY 10005
Direct: (516) 400-2087 ǀ Fax: (347) 708-8699 | Cell: (929)-361-4156
David@WindgateCapital.com ǀ https://www.WindgateCapital.com/
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07-11-2019, 11:36 AM #5
- Join Date
- Dec 2013
- Posts
- 4,713
I got involved in MCA in 2005 --at that point most of the guys i was rolling with (many who are now at the helm of the industry) all kept hearing we got a year or two left before it will be done..... I think this will be going on for another 100 years....I will tell you this when Credit cards started many of the people believed it will be short lived the defults will be high most people will be at maxxx usage quickly and stay in that position and it will create the concept of American Debt and NO GOOD will come from it ...it was said that it will RAIN-RUIN ON America! ... welll ....
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
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07-11-2019, 11:40 AM #6
- Join Date
- Dec 2013
- Posts
- 4,713
Last edited by mcaguru; 07-11-2019 at 11:43 AM.
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
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07-11-2019, 01:23 PM #7
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- Jan 2019
- Posts
- 51
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07-11-2019, 01:44 PM #8
- Join Date
- Oct 2016
- Posts
- 4,318
Most of the 3+ position guys will go out of business. Strong companies like YSC and the troll from Florida’s company will do just fine. But as the super high-risk stackers disappear, so will many brokers who rely on those types of deals (20-40 days, 1.49s with 10-20% fees).
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07-11-2019, 01:46 PM #9
www.equipmentbrokerschool.com online training platform that will teach you the entire trade of the equipment finance industry. Starts August 1st!
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07-11-2019, 02:36 PM #10
- Join Date
- Dec 2013
- Posts
- 4,713
equipment finance industry is very powerful as the yhave been around for many decades --seems like for every 1 direct MCA funder i can name 15 equipment leasing firms!
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
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07-11-2019, 02:38 PM #11
- Join Date
- Dec 2013
- Posts
- 4,713
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
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07-11-2019, 02:42 PM #12
- Join Date
- Jun 2015
- Posts
- 3,326
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07-11-2019, 02:48 PM #13
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
Those advisors that put their customers first and know how to finance every aspect of their balance sheet will do just fine. Those that funders/lenders/factors that have financed deals using their heads with great relationships with their customers and referral partners will do just fine. Those funder/lenders/factors that are financially strong with great teams will do just fine.
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
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07-11-2019, 03:28 PM #14
- Join Date
- Dec 2013
- Posts
- 4,713
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
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07-11-2019, 03:33 PM #15
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
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
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07-11-2019, 03:39 PM #16
- Join Date
- Dec 2013
- Posts
- 4,713
Dont leasing companies take a Pizza Oven get merchant to sign on a $500.00 monthly payment for 60 months and then pay the oven manufacturer 21K and buy the note ...knowing/hoping the pizzashop makes the payments as they are in the neg. for 42 months and they banking on the ability to collect till month 60. because between me and and the wall behind me that oven is not worth 10K at month 9...am i wrong... ? and should there be a recession the nots they are holding are good for when you paint a wooden chair its good to cover the floor from getting paint on it...
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
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