Has anyone here closed an MCA transaction for $1,000,000 or more?
Need a Funder or Vendor? START HERE

Page 1 of 2 12 LastLast
Results 1 to 25 of 35
  1. 11-06-2019, 09:15 AM #1
    Michael Slabitcher
    Michael Slabitcher is offline
    Senior Member Reputation points: 8098
    Join Date
    Dec 2017
    Posts
    277

    Has anyone here closed an MCA transaction for $1,000,000 or more?

    Thank you in advance,
    Mike
    msla*****er@sla*****er.com
    Reply With Quote Reply With Quote
  2. 11-06-2019, 09:33 AM #2
    DannyFoxCap
    DannyFoxCap is offline
    Sponsor Reputation points: 9187 DannyFoxCap's Avatar
    Join Date
    Feb 2019
    Location
    Miami, FL
    Posts
    148

    Yes
    Direct: 347-468-7528
    Cell: 305-753-3967
    Fax: 866-557-0455
    Email: Danny@foxbusinessfunding.com
    Reply With Quote Reply With Quote
  3. 11-06-2019, 09:36 AM #3
    ryan $
    ryan $ is offline
    Banned Reputation points: 179851
    Join Date
    Jun 2017
    Posts
    2,049

    yes. credit cash years ago.
    then a 1.2 mil reverse.
    Reply With Quote Reply With Quote
  4. 11-06-2019, 09:37 AM #4
    alex.isak
    alex.isak is offline
    Member Reputation points: 296
    Join Date
    Mar 2019
    Location
    NEW YORK
    Posts
    30

    Yes.. but only a few lenders can get something like that done...

    Lots of stips and hoops to jump through.
    Reply With Quote Reply With Quote
  5. 11-06-2019, 09:48 AM #5
    Michael Slabitcher
    Michael Slabitcher is offline
    Senior Member Reputation points: 8098
    Join Date
    Dec 2017
    Posts
    277

    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?
    Reply With Quote Reply With Quote
  6. 11-06-2019, 09:48 AM #6
    mcafundinggroup
    mcafundinggroup is offline
    Member Reputation points: 10
    Join Date
    May 2019
    Posts
    15

    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.
    Reply With Quote Reply With Quote
  7. 11-06-2019, 09:48 AM #7
    Michael Slabitcher
    Michael Slabitcher is offline
    Senior Member Reputation points: 8098
    Join Date
    Dec 2017
    Posts
    277

    Quote Originally Posted by DannyFoxCap View Post
    Yes
    Hi Danny,

    Did Fox provide this MCA?
    Reply With Quote Reply With Quote
  8. 11-06-2019, 09:49 AM #8
    Michael Slabitcher
    Michael Slabitcher is offline
    Senior Member Reputation points: 8098
    Join Date
    Dec 2017
    Posts
    277

    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?
    Reply With Quote Reply With Quote
  9. 11-06-2019, 09:50 AM #9
    Michael Slabitcher
    Michael Slabitcher is offline
    Senior Member Reputation points: 8098
    Join Date
    Dec 2017
    Posts
    277

    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.
    Reply With Quote Reply With Quote
  10. 11-06-2019, 09:54 AM #10
    DannyFoxCap
    DannyFoxCap is offline
    Sponsor Reputation points: 9187 DannyFoxCap's Avatar
    Join Date
    Feb 2019
    Location
    Miami, FL
    Posts
    148

    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
    Reply With Quote Reply With Quote
  11. 11-06-2019, 10:01 AM #11
    Michael Slabitcher
    Michael Slabitcher is offline
    Senior Member Reputation points: 8098
    Join Date
    Dec 2017
    Posts
    277

    Quote Originally Posted by DannyFoxCap View Post
    Yes a couple of times, golden files
    Do brokers have access to the underwriters at Fox?
    Reply With Quote Reply With Quote
  12. 11-06-2019, 10:02 AM #12
    FCF Fund
    FCF Fund is offline
    Senior Member Reputation points: 23085
    Join Date
    Nov 2013
    Posts
    597

    Quote Originally Posted by michael sla*****er View Post
    thank you in advance,
    mike
    msla*****er@sla*****er.com
    wbl
    Reply With Quote Reply With Quote
  13. 11-06-2019, 10:12 AM #13
    harvey
    harvey is offline
    Senior Member Reputation points: 25752
    Join Date
    Apr 2015
    Posts
    300

    easy peezy
    Reply With Quote Reply With Quote
  14. 11-06-2019, 10:24 AM #14
    mcafundinggroup
    mcafundinggroup is offline
    Member Reputation points: 10
    Join Date
    May 2019
    Posts
    15

    Quote Originally Posted by Michael Sla*****er View Post
    Please name them.
    PM me I can send you some names.
    Reply With Quote Reply With Quote
  15. 11-06-2019, 10:44 AM #15
    Jstarr
    Jstarr is offline
    Senior Member Reputation points: 34509 Jstarr's Avatar
    Join Date
    Nov 2014
    Location
    South Florida
    Posts
    840

    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


    Reply With Quote Reply With Quote
  16. 11-06-2019, 10:45 AM #16
    ryan $
    ryan $ is offline
    Banned Reputation points: 179851
    Join Date
    Jun 2017
    Posts
    2,049

    Stip Heavy!

    Also, Fora Financial funded just under 1mill for me
    Reply With Quote Reply With Quote
  17. 11-06-2019, 10:46 AM #17
    ryan $
    ryan $ is offline
    Banned Reputation points: 179851
    Join Date
    Jun 2017
    Posts
    2,049

    WCM LOVES big dollar deals
    Reply With Quote Reply With Quote
  18. 11-06-2019, 10:46 AM #18
    harvey
    harvey is offline
    Senior Member Reputation points: 25752
    Join Date
    Apr 2015
    Posts
    300

    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
    Reply With Quote Reply With Quote
  19. 11-06-2019, 11:40 AM #19
    WestCoastFunding
    WestCoastFunding is offline
    Senior Member Reputation points: 503040
    Join Date
    Oct 2016
    Posts
    4,319

    Quote Originally Posted by DannyFoxCap View Post
    Yes a couple of times, golden files
    Was 100% using Fox’s paper?
    Reply With Quote Reply With Quote
  20. 11-06-2019, 11:40 AM #20
    Anthony@torro
    Anthony@torro is offline
    Senior Member Reputation points: 49940
    Join Date
    Aug 2014
    Posts
    620

    I do them in house 2-3x a month

    Minimal stips too.
    Last edited by Anthony@torro; 11-06-2019 at 11:58 AM.
    Reply With Quote Reply With Quote
  21. 11-06-2019, 11:41 AM #21
    WestCoastFunding
    WestCoastFunding is offline
    Senior Member Reputation points: 503040
    Join Date
    Oct 2016
    Posts
    4,319

    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
    Reply With Quote Reply With Quote
  22. 11-06-2019, 11:49 AM #22
    SmartAdvanced
    SmartAdvanced is offline
    Senior Member Reputation points: 97075
    Join Date
    Jun 2015
    Posts
    754

    Queen, BMF/Hop/Kash, Cedar, Hi Five, WG, Fox, Capital Stack - all do $1 M deals
    Reply With Quote Reply With Quote
  23. 11-06-2019, 12:52 PM #23
    Joe Kinder
    Joe Kinder is offline
    Member Reputation points: 14
    Join Date
    Aug 2019
    Location
    United States
    Posts
    72

    Quote Originally Posted by Michael Sla*****er View Post
    Thank you in advance,
    Mike
    msla*****er@sla*****er.com
    Yes, Actually did a 2M this month
    All I do is FUND FUND FUND no matter what...

    Madison Capital Fund
    Josh - Senior Funder
    862-323-1780
    josh@madisoncapitalfund.org
    Apply:madisoncapitalfund.org/applynow
    Reply With Quote Reply With Quote
  24. 11-06-2019, 04:26 PM #24
    Irving
    Irving is offline
    Senior Member Reputation points: 3250
    Join Date
    Sep 2016
    Posts
    169

    UFS has done it

    email me for programs irving@ufsfunding.com
    Irving Winograd
    Unique Funding Solutions
    646-460-3139
    Reply With Quote Reply With Quote
  25. 11-06-2019, 04:31 PM #25
    LondonNyc
    LondonNyc is offline
    Senior Member Reputation points: 212
    Join Date
    Aug 2017
    Location
    NYC/Miami
    Posts
    112

    yes!
    Eli S.
    FOx Business Funding
    Iso manager
    347. 562. 8796
    elis@foxbusinessfunding.com
    Reply With Quote Reply With Quote
« Previous Thread | Next Thread »

Similar Threads

  1. small transaction - newer business's
    By 1Loanguy in forum Merchant Cash Advance
    Replies: 7
    Last Post: 09-19-2019, 03:26 PM
  2. I need help finding a home for LOW transaction/deposit businesses
    By onlineloans in forum Deal Bin
    Replies: 7
    Last Post: 09-25-2018, 08:14 PM
  3. 2 Transaction - Multi Unit Purchase in CA
    By 1Loanguy in forum All Other Lending
    Replies: 4
    Last Post: 03-23-2018, 06:03 AM
  4. Fine art collection collateralize transaction appraised 598MM. Needs max cap
    By CFObyDesign in forum All Other Lending
    Replies: 2
    Last Post: 10-23-2017, 02:45 PM
  5. Funding for low transaction businesses
    By LoanGuy in forum Business Loans
    Replies: 1
    Last Post: 03-25-2015, 04:30 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules



INDUSTRY ANNOUNCEMENTS
Lendica partners w/ EBizCharge
Pipe plans to fund $1B to SMBs
URBN partners with Stripe

DIRECTORY