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08-07-2021, 06:41 PM #1
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MCA Acronyms - please share . . .
Yes - I'm new. I want to learn so I'll be able to teach.
Would those in the biz please enlighten me on MCA Acronyms?
I know I'll get razzed - but, bring it on.
MCA = Merchant Cash Advance.
Please share . . .
TIA.
^ ^ ^ Thanks In Advance
Thanks James for your reply - I added to the list.
AR - Accounts Receivable
EIN - Employer Identification Number
LLC - Limited Liability Company
LOC - Line of credit
MTD - Month To Date
PIF - Paid In Full
ROI - Return on Investment
SS4 - Document with EIN visible.
WC - Working capital
ZBL - Zero Balance LetterLast edited by cruisinman; 08-09-2021 at 02:00 PM.
" The world has always gone forward when people have dared to have crazy ideas . . . "
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08-07-2021, 08:39 PM #2
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- Mar 2021
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dude you're all over the place..
but I like it.
All I could think of was general finance terms that somewhat relate to MCA.
EIN - Employer Identification Number
SS4 - Document with EIN visible.
ROI - Return on Investment
MTD - Month To Date
WC - Working capital
LLC - Limited Liability Company
CHF - Swiss franc (never know when that'll come in handy)
AR - Accounts Receivable
LOC - Line of credit
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08-07-2021, 08:57 PM #3
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08-08-2021, 09:20 AM #4
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- Dec 2016
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BBL = Brazilian Butt Lift
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08-09-2021, 10:56 AM #5
Reputation points: 1154
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- Apr 2016
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- 57
Love this one use it daily.
Jake Strelzik
305- 785-2548
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08-09-2021, 01:35 PM #6
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Zbl zero balance letter
pif -paid in full
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08-09-2021, 02:00 PM #7
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08-09-2021, 02:21 PM #8
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- 22
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08-09-2021, 02:23 PM #9
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- Dec 2016
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- 379
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08-09-2021, 02:28 PM #10
Reputation points: 45092
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- Aug 2016
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my fav POO - Proof of ownership
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08-09-2021, 03:35 PM #11
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08-09-2021, 04:15 PM #12
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I got confused with this one: BL = Business license
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08-09-2021, 04:34 PM #13
Reputation points: 77488
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- Jan 2018
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- 515
these ones got me through my early MCA years:
BDIF - Bro did it fund??
BAYBDM - Bro are you backdooring me??
BIYABMIWMYU - Bro if you are backdooring me I will mess you up
BISCIGAB - Bro I'm sorry can I get a bump?
BINMM - Bro I need more money
and of course BIJGTTTY - Bro I'm just gonna take this to yellowstone
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08-09-2021, 06:36 PM #14
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- Jan 2021
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- 23
BD = Back Door
OC = Over Collected
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08-09-2021, 09:31 PM #15
Reputation points: 418
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- May 2021
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- 27
Yerrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
&
fundeddddddddddddddddddddddddddddddddddddddddddddd dddddddddddddddd
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08-10-2021, 10:06 AM #16
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Someone drop you on your head when you were are child ?
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08-10-2021, 10:51 AM #17
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dtf - down to fund
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08-10-2021, 12:39 PM #18
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My Fave - PSF
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08-11-2021, 02:31 PM #19Patrick Wilson
Managing Partner
www.PremierCapitalNetwork.com
(NO MORE LENDER/FUNDER CALL PLZ)
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08-11-2021, 02:35 PM #20
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08-11-2021, 03:52 PM #21
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- 25
It really bothers me when one of my ISO's doesn't know that an ADB is an Average Daily Balance. Then you have VC for Voided Check and DL for drivers license and idk if others do but I always need Decision Logic AND a drivers license so I call it DeLo.
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08-11-2021, 09:42 PM #22
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08-12-2021, 11:10 AM #23
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PC Funder, One of the best posts ever on this board.
My fave is GTG? - good to go?
Most upsetting KAF - Killed at final
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08-16-2021, 10:50 AM #24
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- Jun 2021
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- 39
CTC - cleared to close.
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08-17-2021, 06:41 PM #25
Reputation points: 646
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- Nov 2018
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- 8
How are we missing the best one: FCC!
Funding Call Completed!
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