[J.Celifarco]

I'm not your bro ! What are you 25 years old?

Yes we fund. Numerous negative days is not the only factor in underwriting an account.
A funder (or at least the company I rep) looks at the complete file, TIB, Monthly Sales Volume,
Credit Score and almost the number 1 Factor - WHAT IS THE USAGE OF FUNDS!

Will the funding generate additional revenue and profit.

What occurs with a lock-box is that the funder (us) receives payments on-time without any risk
of ACH Reject Fees and the compounding of stacked late payments and fees.

We want the merchant to stay in business - it is not SOP to give funding to merchants
that are closing their doors.

BTW - you may not be old to enough to know this but the original MCA Product was a credit card split / lock-box.
My 1st exposure was via United Bank Card (1999?) when they partnered with Amer-Finance (Mike DeAngelo?) ( someone can check my
memory & history)

If you conduct a Google Keyword search for Merchant Cash Advance. most of your initial results will refer to an MCA
as a Credit Card Split.

**The original post was "Who is funding merchants who have several negative days per month" - Is several negative days 3 or 5 or 7, 15?
It was a general question, and I responded, yes, we can POSSIBLY fund that type of account.

Who the F** Asked you for you 1 cent opinion?

Split deals are made for people who have a few negative days in their account. I would think that is something anyone in this industry should know. This industry was built on split deals, if you don't know that then you have no idea what the MCA is or how it was built.

[ryan $]

Split deals are made for people who have a few negative days in their account. I would think that is something anyone in this industry should know. This industry was built on split deals, if you don't know that then you have no idea what the MCA is or how it was built.

Split deals were really made for everyone. Everyone who wanted $$$.
It was a world where only 1st Positions existed, renewed your Merchants and kept them for years.
Then ACH Product came out, YS, Pearl, Not really sure who did it first. It was just 1st and 2nds for a while.
Then sure enough....we get to now. Ive seen 18 Positions in One deal.

[J.Celifarco]

Split deals were really made for everyone. Everyone who wanted $$$.
It was a world where only 1st Positions existed, renewed your Merchants and kept them for years.
Then ACH Product came out, YS, Pearl, Not really sure who did it first. It was just 1st and 2nds for a while.
Then sure enough....we get to now. Ive seen 18 Positions in One deal.

I think First Funds was the first company to do ACH only deals but I could be wrong. I know @Sean Bash would remember if he sees this. I do know the first time I saw an ach deal I thought it was crazy, I think that was like 08 again could be wrong.

[FlexibleCapitalSolutions]

Split deals are made for people who have a few negative days in their account. I would think that is something anyone in this industry should know. This industry was built on split deals, if you don't know that then you have no idea what the MCA is or how it was built.

Here you go on your high horse again, no-one is as good or knowledgeable as you; in the amount of time that it took you to type that you could have gave the poor guy a brief summary. Maybe this is the reason the industry has a target in its back, because no-one is willing to teach and guide newbies on the right path so people have to do what they have to do. Come on John, you can do better than this. There has to be a day you can remember where you didn't know everything.