Funders who would do an MCA up to 5M
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  1. #1
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    Funders who would do an MCA up to 5M

    Are there any legitimate MCA Funders that go up to 5M (or 2 or 3 or 4M) on at least a 12 month term. Obviously for a very legitimate business.

    Thanks

  2. #2
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    I was not personally involved with it, but a funder I work with told me that the largest that I know about directly was $7.2mm with a very heavily discounted early prepay discount. That one paid 3 points among the brokers, but it could have paid 6 points if all of the pieces of the puzzle make sense. Please reach out to me, I'd be happy to work on it with you. The funder pays can you directly.

  3. #3
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    Quote Originally Posted by MCN View Post
    Are there any legitimate MCA Funders that go up to 5M (or 2 or 3 or 4M) on at least a 12 month term. Obviously for a very legitimate business.

    Thanks
    Can't wait for all the people with no website to answer on this one.

  4. #4
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    tvt is the only one that i have seen on a bank statement actually do it

  5. #5
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    Quote Originally Posted by freeprocessing View Post
    Can't wait for all the people with no website to answer on this one.
    Nobody I can think of that will do 2mm for 12 months let alone 5mm.
    That kind of term will probably cap out at 700K or even 500K after sending financials and whatever else the merchant can scrap together for 2 weeks.
    For that kind of money you need funders that don't have websites and that have deep pockets, but don't bet on anything more than 100 payments.

  6. #6
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    SOS can do big deals

  7. #7
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    ya im sure i'll get all the shady companies willing to do something in the 100 day term. Not what im looking for here. Im saying is there anyone in the A funder space (the ondecks, IOUs, rapids etc etc) thats willing to do a real deal like this. Financials wont be a problem.

  8. #8
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    Quote Originally Posted by firsttierfunding View Post
    SOS can do big deals
    They can if they want to but they don't.
    They kill a deal for the dumbest reason after getting every stip in the world imaginable.

  9. #9
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    how high did TVT go. I also cant imagine theyd go out 12 months

  10. #10
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    Deep pockets... well, all you need is about 10 different syndication groups and wham-o, you have your "direct funder" with the risk spread out.

  11. #11
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    United

  12. #12
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    Quote Originally Posted by MCN View Post
    how high did TVT go. I also cant imagine theyd go out 12 months
    i have only funded an 11 month with them , but they claim they go out 24 months and do 5 mil .The deal i saw was funded 1.7 mil and is the largest i ever saw funded from one source.
    I am not vouching for them and dont do much business with them but just letting you know what i have seen in a bank statement

  13. #13
    Member Reputation points: 10 Jared Davis's Avatar
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    Cedar might be able to do it.
    Jared Davis
    Iso Rep/Underwriter
    Dlp Funding, LLC

    DIRECT LENDER will go aggressive 3rd -7th

    All deals have Aggressive early prepay (If deal is 8 month 1.5 & PIF 4 month payback is 1.25!)


    Office: (877) 378 - 0484
    Direct: (718) 540 - 7463
    Email: jared@dlpfunding.com
    Web: www.Dlpfunding.com

  14. #14
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    Quote Originally Posted by Jared Davis View Post
    Cedar might be able to do it.
    why would you put a fake trust pilot logo on your site ....

  15. #15
    Samson Funding does big deals all the time will do 1-2 million dollar deals no problem over 12 months, just did one last week. Reach out to us to get your big deals funded

  16. #16
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    Quote Originally Posted by MCN View Post
    Are there any legitimate MCA Funders that go up to 5M (or 2 or 3 or 4M) on at least a 12 month term. Obviously for a very legitimate business.

    Thanks
    MCN,

    With a need that large and a good business, you may want to consider larger, more cost effective, and revolving alternatives.

    Even if you obtained a $5Mil MCA, it would not be as cost effective as some alternatives and not a long term solution that helps with day today needs and helping the company scale.

    Best,

    Hedley

    Best,

    Kevin
    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

  17. #17
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    I can but for 12 months must be a clean deal drew@infusioncapital.org
    Drew Matthew
    Chief Executive Officer
    Infusion Capital Group
    40 wall St
    28th floor #2765
    New York, NY 10005
    Company: 1 (718) 852-2233
    Direct: 1 (917)525-9946
    Email: drew@Infusioncapital.org
    www.Infusioncapital.org

  18. #18
    Ive seen Libertas/TVT/Queen do over $3m but the only one who went out long was Libertas.

  19. #19
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    truth is you can have funders that will fund side by side at the same time with each other knowledge ,a little harder to set up but can be done

  20. #20
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    Quote Originally Posted by fundingdaily View Post
    I can but for 12 months must be a clean deal drew@infusioncapital.org
    You sent this email to me last week stating you cap at 120 days
    INFUSION CAPITAL
    Paper:
    B-D
    Min Revenue:
    $30,000.00
    Industry Restrictions:
    NO
    Factor:
    1.40 - 1.499
    Max Term Length:
    120 Days
    Max Funding:
    $10,000,000.00

  21. #21
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    Quote Originally Posted by MCN View Post
    Are there any legitimate MCA Funders that go up to 5M (or 2 or 3 or 4M) on at least a 12 month term. Obviously for a very legitimate business.

    Thanks
    I recently gave one of my ISO's an approval for 5mm, 1.25 buyrate, 9 month term (weekly payments), 5% early pay discount if paid in full in 6 months

    The underwriters didn't feel comfortable going out 12 months on a sell rate so low (1.27) on a 1st position deal, and that was a dealbreaker for the merchant.

    I was also told by underwriting they would do the 12 month term at a lower dollar amount ($1.5mm) but the merchant was super firm on dollar and term so unfortunately I wasn't able to get the deal done.

    That said, Fox can and will fund those high dollar amount if and when it makes sense.

    Feel free to give me a call or shoot me an email to discuss this deal specifically and we can figure out together if it's worth subbing to Fox!

    Daniel Cage
    Funding Coordinator | Fox Business Funding
    (347) 308-7788 - Partner with us today!

  22. #22
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    The largest deal I've ever successfully funded was $3.5m/12mo in house. I did have a $5m/12mo approval one time which we had to rescind in March 2020 due to the initial pandemic shutdown, horrible timing and i honestly think it would have funded if we were able to see it thru. That being said, we can get there if the deal makes sense for it, please feel free to reach out if I can be of any help.
    Last edited by Anthony@torro; 01-02-2022 at 10:14 AM.

  23. #23
    We can go to 5mm in house on the right file.

    Don’t want to lead you on. 12 months is not our bag. (We not egregiously far off)

    If you find yourself needing to get flexible on this deal I would be happy to take a look.

    Best of luck to you.
    Cobalt Funding Solutions | Direct Funder

    cobaltfunding.com| 202-773-4200
    New York, NY. | deals@cobaltfunding.com

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