Any A Paper funders doing $750K-$1MM+ ?
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  1. #1
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    Any A Paper funders doing $750K-$1MM+ ?

    Any A Paper funders doing $750K-$1MM+ ?

  2. #2
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    Quote Originally Posted by mikem View Post
    Any A Paper funders doing $750K-$1MM+ ?
    SBA 7(a) Loans - if a merchant needs that amount of funding , why would they even consider MCA Factor Rates?
    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

  3. #3
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    Quote Originally Posted by Yankeeman07 View Post
    SBA 7(a) Loans - if a merchant needs that amount of funding , why would they even consider MCA Factor Rates?
    Broooooo go awayyyyyyyyyyy. He asked about A paper, not A douchebag

  4. #4
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    Quote Originally Posted by Yankeeman07 View Post
    SBA 7(a) Loans - if a merchant needs that amount of funding , why would they even consider MCA Factor Rates?
    Because they need it within 72 hours. I'd love to see you close a merchant lol.

  5. #5
    Senior Member Reputation points: 5016 @jeannette's Avatar
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    I do at AmeriFactors, however it is for traditional factoring. And it can be closed within 72 hours
    Jeannette Nearing | Business Development Officer| AmeriFactors
    | M (770) 362-2307
    jnearing@amerifactors.com |

    http://www.amerifactors.com
    https://www.linkedin.com/in/jeannettenearing

  6. #6
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    A Paper funding

    Quote Originally Posted by freeprocessing View Post
    Broooooo go awayyyyyyyyyyy. He asked about A paper, not A douchebag
    I don't suspect you would want to stand in front of me and call me a douchebag
    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

  7. #7
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    Quote Originally Posted by mikem View Post
    Because they need it within 72 hours. I'd love to see you close a merchant lol.
    You have 48 Hours left -
    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

  8. #8
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    Quote Originally Posted by Yankeeman07 View Post
    I don't suspect you would want to stand in front of me and call me a douchebag
    df.PNG

    HAHAHAH. I would love nothing more.

  9. #9
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    Quote Originally Posted by freeprocessing View Post


    HAHAHAH. I would love nothing more.
    I'm in Hudson Florida - where would you like to meet ?
    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

  10. #10
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    in a ufc ring... ULTIMATE FUNDERS CHAMPIONSHIP. Funders and brokers can duke it out with each other. I'd pay to see that.

  11. #11
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    Quote Originally Posted by Yankeeman07 View Post
    I'm in Hudson Florida - where would you like to meet ?
    I only go to Miami. However, can you please confirm that is an accurate picture of you?

  12. #12
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    Quote Originally Posted by freeprocessing View Post
    I only go to Miami. However, can you please confirm that is an accurate picture of you?
    Not quite - That actually is a self-portrait of yourself - Typical punk sitting in their basement behind a keyboard.
    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

  13. #13
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    Quote Originally Posted by Yankeeman07 View Post
    Not quite - That actually is a self-portrait of yourself - Typical punk sitting in their basement behind a keyboard.
    rubberglue.jpg

    Dave, your post just reminds me of a long time ago.....
    Last edited by abfunders; 01-19-2021 at 03:47 PM.

  14. #14
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    Quote Originally Posted by Yankeeman07 View Post
    Not quite - That actually is a self-portrait of yourself - Typical punk sitting in their basement behind a keyboard.
    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.

  15. #15
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    Quote Originally Posted by Yankeeman07 View Post
    SBA 7(a) Loans - if a merchant needs that amount of funding , why would they even consider MCA Factor Rates?
    I thought the sba requires collateral for that amount? Do you have someone that will do it without ?

  16. #16
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    Quote Originally Posted by mikem View Post
    Any A Paper funders doing $750K-$1MM+ ?
    have a convo with higher ups if they will co fund with someone or be ok with you stacking it. You will be surprised how willing some funders are if its a real good deal .
    By broker fair live i actually asked this question by the great debate and Jeremy brown (ceo rapid) answer was , yes for the right situation.

  17. #17
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    Quote Originally Posted by Michael I View Post
    have a convo with higher ups if they will co fund with someone or be ok with you stacking it. You will be surprised how willing some funders are if its a real good deal .
    By broker fair live i actually asked this question by the great debate and Jeremy brown (ceo rapid) answer was , yes for the right situation.
    Yup,
    SBS work great!

  18. #18

  19. #19
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    Quote Originally Posted by Michael I View Post
    I thought the sba requires collateral for that amount? Do you have someone that will do it without ?
    You are correct - SBA 7(a) requires when collateral is available -
    BUT - when financials are adequate they will approve loans without collateral.

    All depends on the file -
    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

  20. #20
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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

  21. #21
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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

  22. #22
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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

  23. #23
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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.

  24. #24
    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

  25. #25
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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.

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