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11-07-2014, 02:13 PM #1
- Join Date
- Sep 2014
- Posts
- 10
MCA Default Rates
Is there any current documented research on the national default rates of MCA's?
I realize this is a broad question because there are many factors that can lead to a merchant defaulting, but any idea where to find some solid statistics?
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11-07-2014, 02:29 PM #2
- Join Date
- Jul 2013
- Posts
- 352
No two MCA's are alike.
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11-07-2014, 02:29 PM #3
MCA Default Rates
I think before you an ask that question you need to define what a default is...I have literally heard 20 different definitions
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11-07-2014, 02:31 PM #4
- Join Date
- Jul 2013
- Posts
- 352
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11-07-2014, 05:49 PM #5
6-15% depending on the paper
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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11-10-2014, 03:41 PM #6
6 is probably the low end, 15 I would say is at the higher end, you also have to look at which companies are having them. If Ondeck or CAN is having a 15% default rate, that is a very different picture then Pearl or Yellowstone having those numbers.
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11-10-2014, 05:50 PM #7
- Join Date
- Oct 2014
- Posts
- 260
If by default you mean that A) the deal goes south completely or B) they consistently miss payments and get put into collections, it is around 14-17% for the A paper lenders.
If by default you mean the deal dying completely before the initial funded amount is retrieved(not the profit), it is about 9% for A paper lenders.Second place? Set of steak knives.
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11-11-2014, 12:11 PM #8
- Join Date
- Nov 2014
- Location
- Hauppauge, NY
- Posts
- 23
You can check this source: Merchant Processing Resources which is slightly dated, but still relevant. ODC states its default rate at apx 5% as of 2013.
Last edited by ChrisMusto; 11-11-2014 at 05:50 PM.
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