Has anyone here closed an MCA transaction for $1,000,000 or more?
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  1. 11-06-2019, 09:15 AM #1
    Michael Slabitcher
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    Has anyone here closed an MCA transaction for $1,000,000 or more?

    Thank you in advance,
    Mike
    msla*****er@sla*****er.com
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  2. 11-06-2019, 09:33 AM #2
    DannyFoxCap
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    Yes
    Direct: 347-468-7528
    Cell: 305-753-3967
    Fax: 866-557-0455
    Email: Danny@foxbusinessfunding.com
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  3. 11-06-2019, 09:48 AM #3
    Michael Slabitcher
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    Quote Originally Posted by DannyFoxCap View Post
    Yes
    Hi Danny,

    Did Fox provide this MCA?
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  4. 11-06-2019, 09:54 AM #4
    DannyFoxCap
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    Quote Originally Posted by Michael Sla*****er View Post
    Hi Danny,

    Did Fox provide this MCA?
    Yes a couple of times, golden files
    Direct: 347-468-7528
    Cell: 305-753-3967
    Fax: 866-557-0455
    Email: Danny@foxbusinessfunding.com
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  5. 11-06-2019, 10:01 AM #5
    Michael Slabitcher
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    Quote Originally Posted by DannyFoxCap View Post
    Yes a couple of times, golden files
    Do brokers have access to the underwriters at Fox?
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  6. 11-06-2019, 04:31 PM #6
    LondonNyc
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    yes!
    Eli S.
    FOx Business Funding
    Iso manager
    347. 562. 8796
    elis@foxbusinessfunding.com
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  7. 11-06-2019, 04:32 PM #7
    LondonNyc
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    Quote Originally Posted by Michael Sla*****er View Post
    Do brokers have access to the underwriters at Fox?
    Yes! That's something the brokers love.
    Eli S.
    FOx Business Funding
    Iso manager
    347. 562. 8796
    elis@foxbusinessfunding.com
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  8. 11-06-2019, 11:40 AM #8
    WestCoastFunding
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    Quote Originally Posted by DannyFoxCap View Post
    Yes a couple of times, golden files
    Was 100% using Fox’s paper?
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  9. 11-06-2019, 09:36 AM #9
    ryan $
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    yes. credit cash years ago.
    then a 1.2 mil reverse.
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  10. 11-06-2019, 09:48 AM #10
    Michael Slabitcher
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    Quote Originally Posted by ryan $ View Post
    yes. credit cash years ago.
    then a 1.2 mil reverse.
    Hi Ryan,

    How would you describe their underwriting?
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  11. 11-06-2019, 11:41 AM #11
    WestCoastFunding
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    Quote Originally Posted by ryan $ View Post
    yes. credit cash years ago.
    then a 1.2 mil reverse.
    Credit cash will do them, but they work hard to find a reason to decline. Never easy
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  12. 11-06-2019, 04:37 PM #12
    ryan $
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    Quote Originally Posted by WestCoastFunding View Post
    Credit cash will do them, but they work hard to find a reason to decline. Never easy
    as long as you package it right upfront, they are a breeze.
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  13. 11-07-2019, 05:21 PM #13
    Mynameisbob
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    The problem with Credit cash is, they need to be in Senior position. Also the financials need to be strong as in Net profitable.
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  14. 11-06-2019, 09:37 AM #14
    alex.isak
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    Yes.. but only a few lenders can get something like that done...

    Lots of stips and hoops to jump through.
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  15. 11-06-2019, 09:48 AM #15
    mcafundinggroup
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    Quote Originally Posted by alex.isak View Post
    Yes.. but only a few lenders can get something like that done...

    Lots of stips and hoops to jump through.
    There are high risk funders who do $1M and $2M deals on a weekly basis.
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  16. 11-06-2019, 09:50 AM #16
    Michael Slabitcher
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    Quote Originally Posted by mcafundinggroup View Post
    There are high risk funders who do $1M and $2M deals on a weekly basis.
    Please name them.
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  17. 11-06-2019, 10:24 AM #17
    mcafundinggroup
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    Quote Originally Posted by Michael Sla*****er View Post
    Please name them.
    PM me I can send you some names.
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  18. 11-06-2019, 09:49 AM #18
    Michael Slabitcher
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    Quote Originally Posted by alex.isak View Post
    Yes.. but only a few lenders can get something like that done...

    Lots of stips and hoops to jump through.
    Hi Alex,

    Who did you close the transaction with?
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  19. 11-06-2019, 10:02 AM #19
    FCF Fund
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    Quote Originally Posted by michael sla*****er View Post
    thank you in advance,
    mike
    msla*****er@sla*****er.com
    wbl
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  20. 11-06-2019, 10:12 AM #20
    harvey
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    easy peezy
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  21. 11-06-2019, 10:44 AM #21
    Jstarr
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    Steven at Davinci has done them... 210-290-4102

    One of them was for a chain restaurant.
    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

    ◆ 50% LTV - No Fico Required
    ◆ 90% CLTV on Purchases
    ◆ Investment Residential / Commercial Properties


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  22. 11-06-2019, 10:45 AM #22
    ryan $
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    Stip Heavy!

    Also, Fora Financial funded just under 1mill for me
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  23. 11-06-2019, 10:46 AM #23
    ryan $
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    WCM LOVES big dollar deals
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  24. 11-06-2019, 10:46 AM #24
    harvey
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    hardest part of closing a milliuon dollar deal is actually having a merchant that qualifies for a million dollar deal

    every iso thinks a deal is worth more then it truly is
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  25. 11-06-2019, 11:40 AM #25
    Anthony@torro
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    I do them in house 2-3x a month

    Minimal stips too.
    Last edited by Anthony@torro; 11-06-2019 at 11:58 AM.
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