Any A Paper funders doing $750K-$1MM+ ?
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  1. #1
    Senior Member Reputation points: 83840
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    Quote Originally Posted by freeprocessing View Post
    Lol. Anyways I'm done because we can go back and forth but let's be honest, everybody is keyboard warriors. At the end of the day, I don't like you because you provide zero contribution to this forum. You are constantly offering unsolicited opinions that have nothing to do with the topic.
    You are a total jackass - the original post was asking for $750,000 to $1,000,000 -
    No one asked for your 1 cent opinion -

    1st that is a large spread - How many MCA Funders would accept that risk?
    The cost of that capital to the business owner is how much?

    What is the business owners exit strategy? Do they have the resources to repay the advance?
    Until an Underwriter has those facts - no one can provide an answer.

    An OPTION would be an SBA Loan - If the merchant qualified or a Private Funder would be a secondary option.
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  2. #2
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    Quote Originally Posted by Yankeeman07 View Post
    You are a total jackass - the original post was asking for $750,000 to $1,000,000 -
    No one asked for your 1 cent opinion -

    1st that is a large spread - How many MCA Funders would accept that risk?
    The cost of that capital to the business owner is how much?

    What is the business owners exit strategy? Do they have the resources to repay the advance?
    Until an Underwriter has those facts - no one can provide an answer.

    An OPTION would be an SBA Loan - If the merchant qualified or a Private Funder would be a secondary option.
    He said A paper meaning cash advance. I know at least 2 funders that can do that with terms 12 months and more

  3. #3
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    Quote Originally Posted by freeprocessing View Post
    He said A paper meaning cash advance. I know at least 2 funders that can do that with terms 12 months and more
    Gota side with freeprocessing here, OP did ask for A paper funders implying MCA.
    Eric Christensen
    ISO Relationship Manager
    Torro

    eric.christensen@torro.com
    (801)-441-7958

  4. #4
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    Quote Originally Posted by ectorro View Post
    Gota side with freeprocessing here, OP did ask for A paper funders implying MCA.
    Thank you Eric. You are the man.

  5. #5
    Are you still looking for funding for your client? If so, GetBackd may be able to help.


    Feel free to email or call me at mia@getbackd.com / 702-726-1635

  6. #6
    Senior Member Reputation points: 70961
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    Quote Originally Posted by miarobison View Post
    Are you still looking for funding for your client? If so, GetBackd may be able to help.


    Feel free to email or call me at mia@getbackd.com / 702-726-1635
    File collectors. I have seen you in one file and got a bunch of declines for deals I got offers elsewhere. The only approval we received was a 6 month deal.

  7. #7
    I can assure you we're not. We just have unique guidelines and a file must truly be an A paper in order to get a solid approval.
    I would love the opportunity to rebuild your trust in our company

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