Will mca ever recover?
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  1. #1
    Senior Member Reputation points: 64261
    Join Date
    Oct 2020
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    129

    Quote Originally Posted by BROKER TIME View Post
    in march 2020 pandemic hurt the MCA business
    followed by PPP and SBA which hurt the MCA business even more
    most said once businesses run out of the ppp and sba funds the mca world would be booming once again
    WELL FAST FORWARD

    were already in middle of January and the government has set up more money for businesses
    so figure at least 3-6 months of more slowness on the mca side.... things are not looking good my friends
    This summer it'll be back to normal. Need enough vaccine distribution. Enough government policy direction. Enough stable reopening across the country. Till then lay low or fund what you need to survive. This is certainly now growth time.

  2. #2
    Senior Member Reputation points: 31326
    Join Date
    Apr 2018
    Posts
    178

    I might be in the minority but the pandemic only boosted my business. I can honestly say this past year was my best year in the industry.

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