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  1. #1

    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?

  2. #2
    Had a deal like that, Mca servicing is there collections team!

  3. #3
    Senior Member Reputation points: 1519
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    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

  4. #4
    Thanks.... Everyone I submitted too thought it was a collections company. Do you think they do this so other funders won't stack?

  5. #5
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    Quote Originally Posted by MikeD718 View Post
    Thanks.... Everyone I submitted too thought it was a collections company. Do you think they do this so other funders won't stack?
    Could very well be - if that is the case, its definitely not working
    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

  6. #6
    MCA servicing is not collections. Its just another way of how bitty pulls

  7. #7
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    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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