MCA servicing
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  1. #1
    Member Reputation points: 1358
    Join Date
    Nov 2014
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    NYC
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    MCA default collections usually used for Pearl.

    Bitty is a micro funder so probably just coincidence they are pulling the same as their collections amounts are typically smaller daily remits.
    Last edited by caseyUW; 11-23-2020 at 09:55 AM.
    Casey Ignizio - Lead Underwriter
    Vox Funding

  2. #2
    I've recently had a deal where merchant had Bitty position and pmnts to them and MCA servicing alternated. Like for a week he is paying Bitty daily, then MCA servicing the same daily payment, then Bitty again and so on. And I haven't found any info about negative history of the merchant. If it's a coincidence, then it's really weird cause it's not the first time I notice it.

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