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01-20-2020, 04:39 PM #1
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Monthly Payment Consolidation of All MCA's ?
#1 and First-Ever True MCA Consolidation Lender in the US! We are braced for the rude/none believers on this trend below and only care about the serious that convert to true ISO's for this True MCA Consolidation product. You can inbox us, email or call us to have a Business Development rep reach out and go over this new lending tool.
Disclaimer: LendAbiz Capital isn’t a Reverse Consolidation Lender or a WBL concept of a loan this is a True MCA Consolidation Product. LendAbiz is the JV of its own fund. We underwrite and make the decisions on any approved loan. I repeat we are not a broker or super broker we are the funder for our very own fund. The only way to survive in this industry is to be different and that’s exactly what our investors did to revolutionize this space. Below you will find more information about our new loan product. Been testing and lending since Sept 19. Please call us Tuesday (tomorrow) if you have any additional questions. Feel free to inbox us today. We will not play the games of this trend below.
Merchant Benefits:
- Turn merchants daily/weekly payments into 1 monthly payment
- 1 year term loan with monthly payment based on a 2 to 3 year amortization
- 25% fixed APR
- Save merchant 50-70% on their total monthly payments
ISO Benefits:
- No Broker Commission Claw Backs Ever!
- Full Commission Paid Next Day
- Fund your over leveraged files in as little as 3-5 business days
- Offers in just 24-48 hours
- Volume Bonus Incentives
Eligibility Requirements:
- Must have Future Receivables
- Must make over $800,000 annually
- No Minimum Credit is Required as long as they have future receivables
- If merchant restructured their payments its ok
- 2 plus years in business
What to expect after the ISO Agreement is signed? We will conduct a boarding call which will answer all your questions needed from both parties. Also will require a W9 and DL once you have been fully verified and approved.
FAQ:
How do you make money as a lender? Answer: On interest and prepayment discounts
How do you protect yourself from default? We protect ourselve from default in many ways to list a few on the contract it shows that we protect ourselves with reporting and monitoring. Onsite inspections, due diligence, Personal & Spouse Guarantees and etc.
How much do I make once a deal closes? 5% in full next business day after closing. There are no claw backs ever!
* Restricted Industries there are none as long as they have (2) or more loans, future receivables and MCA Debt exceeding $75k or more. Serious Inquiries only! We will discuss commission and payoutsLast edited by MCAConsolidationLender; 01-20-2020 at 05:06 PM. Reason: Spelling Mistake
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01-20-2020, 05:44 PM #2
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Do you have a lender license or any web presence ?
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01-20-2020, 06:32 PM #3
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01-20-2020, 06:37 PM #4
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01-20-2020, 08:12 PM #5
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West Coast your about to see! Sit back and watch us
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01-20-2020, 10:50 PM #6
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Lol its bull**** for lots of reasons not the least if which:
- Must have Future Receivables
- Must make over $800,000 annually
- No Minimum Credit is Required as long as they have future receivables
1. "MUST have future receivables". As in, if you don't, they won't fund you.
2. "No Minimum Credit is Required as long as they have future receivables." As in, if they don't have future receivables, credit DOES matter. But then they don't need receivables?
Either you care about credit or you don't.
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01-20-2020, 11:42 PM #7
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@SFC
1. Yes future receivable businesses is a qualifier if it does not don't send it. Example: a restaurant is not a receivable business. I think you needed that explanation. It's vital that will minimize risk. We can also add any collateral, we protect ourselves from default in many other ways to list a few on the contract it's written that we protect ourselves with reporting and monitoring. Onsite inspections, due diligence, Personal & Spouse Guarantees and etc. If they don't have AR then no we will not even look at it. We are protecting ourselves substantially from merchants that try to screw us.
2. If their keeping up with their mca payments or close to it and they have Great Cash Flow exceeding over 800k annually contributed due to their "future receivable" business and any collateral we can take on a 500 credit score.
* Last Comment, This is the first Product just launched and we control our own fund. We tested and funded just 12 deals now on a test with out 1 ISO were starting to expand and grow as any new Funder here did. Adjustments to marketing and etc are in process as we speak. Everyone can enjoy the A-D lenders but well see them at the E side standing for End of things. When you don't have no where to go SCF with reverses or a WBL offer the road will lead back to LendAbiz Capital.
ISO Agreements, Sample Term sheets, Underwriters, Capital is standing by. Let's jump on a call if anyone likes to for that matter. Lenders if you have risky paper let us buy it out from you we just ask for a prepayment discount. ISO's you have no where to go with a dead over leveraged file send it to us even if its just 1 merchant and you'll see we are for real about this. Best I can say for your non believers. New decade things are changing to this industry and it already has gentlemanLast edited by MCAConsolidationLender; 01-20-2020 at 11:49 PM.
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01-21-2020, 08:22 AM #8
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01-21-2020, 09:09 AM #9
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01-21-2020, 10:10 AM #10
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TCA never heard of them @Mynameisbob let us send you underwriting guidelines, Sample Term Sheet and ISO agreement. Non believers no one is ready for a true mca consolidation lender.
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01-21-2020, 10:49 AM #11
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01-21-2020, 11:00 AM #12
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01-21-2020, 11:01 AM #13
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@WestCoastFunding Checking on a License to solidify why ISO's should stick to high interest lending that has no life of renewal to it and also Checking on Licensing is not a revenue generating activity last time I checked. Haha! It's time to give merchants a chance they deserve. @WestCoast your about to see! Sit back and watch us
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01-21-2020, 11:03 AM #14
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@Ryan thank you we only deal with future receivables, collateral, controls/monitors and we are 5 times covered sometimes 10. We know the risk...
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01-21-2020, 11:08 AM #15
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01-21-2020, 11:09 AM #16
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And yet you misspelled "You're" quite a lot of times.
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01-21-2020, 11:12 AM #17
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01-21-2020, 11:40 AM #18
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Only in California you need a License. We are not a MCA Lender we are a True APR Lender.
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01-21-2020, 11:47 AM #19
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01-21-2020, 01:20 PM #20
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..
Last edited by Michael I; 01-21-2020 at 01:22 PM.
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01-21-2020, 01:40 PM #21
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01-21-2020, 02:06 PM #22
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01-21-2020, 03:07 PM #23
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He's probably waiting for an email back give it a min guys
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01-21-2020, 03:20 PM #24
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Sorry were not here to entertain the negatives here. Spoke too @MichaelI and @ABFunders they will tell you were the real deal don't need to prove myself here.
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01-21-2020, 03:23 PM #25
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