Results 1 to 7 of 7
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01-14-2021, 05:59 PM #1
- Join Date
- May 2020
- Posts
- 6
MCA Servicing i? Bitty Advance??
I see a few deals that have ''bitty advance'', and ''MCA servicing'' pulling the same amounts the days that Bitty is not collecting (They keep switching) Does anyone know what the reason is?
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01-14-2021, 06:50 PM #2
- Join Date
- Aug 2020
- Posts
- 105
Had a deal like that, Mca servicing is there collections team!
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01-14-2021, 07:41 PM #3
- Join Date
- Aug 2020
- Location
- New York, NY
- Posts
- 123
I don’t think MCA Servicing is their collections team, seems like they had some sort of issue with their ACH processing and switched to a different processor - we’ve seen hundreds of files in the last 2 months that switch randomly from one day the next from Bitty to MCA Servicing pulling the exact same daily.
Hope this helps.Underwriting Desk | ClearFund Solutions | New York, NY.
P: 855-543-2133 E: deals@clearfund.co W: www.clearfund.co
_____________________________
ClearFund is a Direct Funder
ISO inquires: partners@clearfund.co
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01-15-2021, 09:56 AM #4
- Join Date
- May 2020
- Posts
- 6
Thanks.... Everyone I submitted too thought it was a collections company. Do you think they do this so other funders won't stack?
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01-15-2021, 10:04 AM #5
- Join Date
- Aug 2020
- Location
- New York, NY
- Posts
- 123
Underwriting Desk | ClearFund Solutions | New York, NY.
P: 855-543-2133 E: deals@clearfund.co W: www.clearfund.co
_____________________________
ClearFund is a Direct Funder
ISO inquires: partners@clearfund.co
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01-15-2021, 10:29 AM #6
- Join Date
- Nov 2020
- Posts
- 16
MCA servicing is not collections. Its just another way of how bitty pulls
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01-15-2021, 11:31 AM #7
- Join Date
- Mar 2016
- Posts
- 904
This helps, ive honestly declined a few deals like this in the last few days.
Thank you,
Lior Monus
Business Development Manager
CFG Merchant Solutions
Direct: (646) 880-6764
Cell: (516) 319-5826
Fax: (646) 278-7322
Lmonus@cfgms.com
180 Maiden Lane New York, NY 10038
www.cfgmerchantsolutions.com
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