[DLMalik]

Hi everyone,

Is there an MCA funder that will take a credit score below 500 out here in the MCA streets? It is a difficult deal has a flower shop (florist) doing around $25K per month in biz. He needs $80K.

Best regards,

Thanks.

[Mark Goldberg]

The credit would not be an issue for us here at Blade, but this deal is probably too small for us.

Feel free to reach out with future deals.

Mark Goldberg
347.281.2223
Mark@bladefunding.com

[Robinhood21]

prob will not get 80k

[SendDocsPlox]

doing around $25K per month in biz. He needs $80K.

lol

[DLMalik]

Thanks.

[abfunders]

Everyone submits their first deal somewhere.....
They're not going to qualify for $80k, but they might want to start somewhere.

[DLMalik]

Thanks, guys. I am not new to funding but will admit that I am a bit rusty on MCAs because I have been spending more time on other financial instruments. Frankly, if his credit were wayyy better he could qualify for an SBA loan for the $80K pretty easily. I really appreciate ALL the positive comments, advice, and posts here.

[Jason Sterling]

We can look at this on credit card split. Merchant won't qualify for $80k though. More like $15,000-25,000.

[kpeng]

We don't have a credit score minimum nor do we check credit on any of our submissions. But merchant is not getting $80K at $25K per month. I'm sure some fly-by-night funder will do it, but it'll put them out of business.

ken@elevatefunding.com

[AlfaAdvanceFunding]

"$25k per month but needs $80k"

Good luck buddy

[OC Funder]

These questions can usually be answered with a calculator. If you took 20% of his revenue and gave him a 1.30 (both really bad ideas) it would take him nearly 2 years to pay back an 80k MCA. Since no funder would ever go out that far for a sub 500 merchant, may as well start reframing his expectations.

[Jared Davis]

Dlp can probably do 20k 120 days

[keycap123]

Hello,

we accept all credit scores & do not pull credit. We focus on healthy ledgers and payments history. 80k may be out of reach, but we can come up with a reasonable offer if the bank seems ok. Please give us a shot. My contact info is below.

Direct Funder in the MCA Arena
- Same Day Approvals & Smooth Funding Process
- No Restricted Industries
- No credit checks
- Minimal Paperwork & DocuSign Agreements
- Dedicated Experienced Underwriters with Fast Decisions
- Quick Commissions


We Specialize in:
- Large deals
- High risk
- B to D Paper
- 1st to 12th position
- Default deals are entertained on a deal-by-deal basis
(Satisfied judgments, payment plan, time of default & more)
- Other Company Declines
(Deals that are hard to get offers on)
- Reverse Consolidation
(Daily ending balances must be at least 5k to 10k. The term left on the advance needs to end within 40 days or less. 0 bounced payments & paying minimum of 50k monthly in MCAs)
- Exceptionally competitive with dollar amount for high revenue merchants

Our Product:
-10k to 3MM
(For increase of funds, a deal-by-deal basis)
-Terms up to 95 days
(Flexible with large funding amounts)
-Weekly payments available (Deal by deal basis)
-Early payoff discount (Deal by deal basis)
-Instant DocuSign contracts
-All submissions are priced at 1.49 with brokers discretion to down sell

Please submit deals & request contracts to: submissions@keycapitalfunding.com and CC
Gill@keycapitalfunding.com on every file.
For any submission, please put in the subject line: New Deal & Deal Name.
For reverse consolidations requests, please send all the MCA balances


Gill Navarro
Director of ISO Relations
Direct: 1(862)-303-3225
Email: Gill@keycapitalfunding.com
Website - https://keycapitalfunding.com/iso/
iso pic.gif

[Brooklyn_Hughes]

Borrower owns a trucking company that has gone into default 2 or 3 times do to "stop payment" on an MCA. As of last week, ALL companies are completely paid back and has another one where he only owes 50K(making current payments). He is needing more capital but was told he has been blacklisted do to “stop payment.” Any suggestions?

[Yankeeman07]

Borrower owns a trucking company that has gone into default 2 or 3 times do to "stop payment" on an MCA. As of last week, ALL companies are completely paid back and has another one where he only owes 50K(making current payments). He is needing more capital but was told he has been blacklisted do to “stop payment.” Any suggestions?

Move on to another potential client.

[kpeng]

Borrower owns a trucking company that has gone into default 2 or 3 times do to "stop payment" on an MCA. As of last week, ALL companies are completely paid back and has another one where he only owes 50K(making current payments). He is needing more capital but was told he has been blacklisted do to “stop payment.” Any suggestions?

That's not one worth chasing. He's also a merchant, not a borrower. MCAs are not borrowed money.

[MediaBiz]

My name is Steve, my company is BizConnect and I’ll keep this quick.

We are running scalable Lead Generation platforms for some of your competitors that are performing VERY well.

I can explain the process in 10 minutes or less and have leads flowing to you and your team within a few days if you like it. We have several mortgage bankers and brokers on our platform.

It works for all financial service businesses including Merchant Cash Advance, Invoice Factoring, Equipment Financing, Hard Money Lending, Residential Mortgage and more…. Basically, for any business that needs Exclusive, Real Time Leads, Clients, Customers, Patients, etc.

If you could find some time this week or next, let’s meet and talk for a few minutes to see if it fits your business – I think you’ll love what we do….
Here is a link to my Calendar, let me know when you are available:

https://calendly.com/steve-0412/free...&month=2022-02

Thanks,
Steve


Steve Rosenblum
Senior Vice President of Sales
516-383-8407