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04-01-2021, 12:18 PM #1
- Join Date
- Mar 2021
- Posts
- 17
MCA is back
A brief discussion on merchant cash advance(MCA)
A merchant cash advance is something that today a lending company gives an amount of money to a merchant and buy a fixed amount of his/her future revenue of the business which may or may not materialize.
And the lending company will take a small percentage of a merchant's gross sales every day or every week until the cash advance company gets the total amount of future revenue which the company brought.
In merchant cash advance a borrower does not have to guarantee the obligation to pay money to a lender.
To know more about it click here and read my full block on merchant cash advance
https://tinyurl.com/ndrcmfwv
We are generating real-time MCA leads and selling them to different lenders.
Our processes:
Live transfers & appointment settings
The reps we are using for cold calling, have 5 years of experience in generating MCA leads through cold calling.
How do we qualify the merchant before the transfer or pass to the broker or directs lenders?
Have a look at the following qualification questions.
1. How much can be beneficial for your business at this moment?
2. What’s your bank deposit on average for the last few months?
3. What would be the purpose of this funding?
4. Have you recently applied or sent you’re your document to any other lender?
5. Have you ever used cash advance before?
a. What’s your current outstanding balance?
b. What was your original balance with this cash advance?
6.Have you ever defaulted and stopped payment on any lenders?
7. Have you ever filed any bankruptcy?
8. What’s your personal credit score is it over 500?
9. What’s your business category?
10. Lastly do you have any tax liens or judgment?
11. What’s your email address to send you an application form in writing?
Contact
Email: sali@mcfundingusa.com
DirectLine: (906) 428-874
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04-01-2021, 01:51 PM #2
So you're a broker for MCA, but now you sell leads - are you selling people your crumbs you don't wanna keep for yourself?
Typical.
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04-01-2021, 02:49 PM #3
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,949
Merchant Cash Advance
(591 Viewing)
Purchases of future revenues (discussion only)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
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04-01-2021, 02:54 PM #4
- Join Date
- Mar 2021
- Posts
- 17
I am not a broker and never been.
I am generating real-time leads through my web niche and I have a team for cold calling.
This is what I am doing.
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04-01-2021, 03:09 PM #5
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,949
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
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04-01-2021, 03:11 PM #6
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,484
Dave-Give it up...... They will never learn or pay attention.....
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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04-01-2021, 06:18 PM #7
You lie worse than some politicians.
You're website is geared towards funding deals, and on the bottom there's a disclaimer saying "We don't sell your data to anyone".
You also commented recently in the "Will MCA ever be back" thread saying
Stop trying to sell your leftover crumbs to innocent unsuspecting brokers who are trying to make a living the honest way, not by lying in plain sight.
No one should work with a shop that does their own funding but is willing to "sell" all the leads they don't want.
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