Looking to partner with more lenders that offer 12-24 month terms on mca's and more

**VersaBusinessSystems** · 07-23-2019, 01:47 PM

Looking to add some more lenders to our arsenal that offer 12-24 month terms on MCA's as well as some high risk lenders who would you say are your top lenders for each? We tend to get a lot of A paper or F paper not a whole bunch of in between but it does happen here and there.

**abfunders** · 07-23-2019, 01:53 PM

You should add Breakout to your list again.

**abfunders** · 07-23-2019, 01:53 PM

Also Bluevine

**Michael I** · 07-23-2019, 01:55 PM

Originally Posted by abfunders

You should add Breakout to your list again.

are they back funding officially?

**abfunders** · 07-23-2019, 01:57 PM

Originally Posted by Michael I

are they back funding officially?

They told me either this week or next, but it should for sure on everyone's radar.
I'm sure we'll all get the email when they are ready for official submissions.

**Cfairbank** · 08-03-2019, 08:25 AM

As I think most folks know now, but Breakout is back to lending and they announced a new credit facility to go along with the new equity capital.

**patrickw** · 08-05-2019, 11:58 AM

Originally Posted by abfunders

Also Bluevine

Bluevine do over 12 months? :O

**Lendvo** · 08-05-2019, 03:33 PM

Originally Posted by VersaBusinessSystems

Looking to add some more lenders to our arsenal that offer 12-24 month terms on MCA's as well as some high risk lenders who would you say are your top lenders for each? We tend to get a lot of A paper or F paper not a whole bunch of in between but it does happen here and there.

We are decently competitive on 10 - 15 months deals at Lendvo. Hard to qualify for but we can max out at 18 for true A paper.

**harvey** · 08-05-2019, 03:48 PM

so they lost their credit line - got it back and now are going to do the same exact thing?

cant teach an old dog new tricks i guess

**FinancialSwissArmyKnife** · 08-05-2019, 04:49 PM

What is the website for break out?

**Saass-Itch** · 08-05-2019, 05:01 PM

CDG can do 12 months, shoot us an email team@centraldiligencegroup.com

**Finance Guru** · 08-06-2019, 08:30 AM

We do 12 month deals and NO COJ's on all deals!

**matt.reiser** · 08-06-2019, 10:45 AM

We offer 12-18 months. Give me a call to go over getting you signed up

**Cfairbank** · 08-06-2019, 07:24 PM

Originally Posted by harvey

so they lost their credit line - got it back and now are going to do the same exact thing?

cant teach an old dog new tricks i guess

If you are referring to breakout, that is not at all what happened. Assets have performed great, and we subsequently sold the lending biz to SecurCapital. But the LENDING biz was one of our two major lines of business (the other is our AI platform). And while I’m helping with the transition of the lending business to SecurCapital, I am focused on (and will continue to lead) the AI business.

**Cfairbank** · 08-06-2019, 07:27 PM

Originally Posted by FinancialSwissArmyKnife

What is the website for break out?

www.breakoutfinance.com — best contact is Steve Safirstein (head of ISO partnerships) at steven@breakoutfinance.com

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