Looking for MCA
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  1. #1

    Looking for MCA

    Restaurant currently owes about 15% on a $10.5k 1 position MCA and approx $2.5k on 2nd position MCA, (took on 5/20/22). Would like to payoff both or take on a larger amount. Gross Monthly revenue averages approx $16k. I'm a bit new in the game, but would like to rein this merchant in. Would appreciate any suggestions.


    Eddie

  2. #2
    I would take a look at the file and see what I can do for you. Feel free to reach out.
    Direct Funder | FirstLine Advance | New York, NY.

    firstlineadvance.com
    Call us: 929-592-3073
    Email us: subs@firstlineadvance.com

    1st position and up | Snap Funding within 2 hours | No credit checks

    Currently accepting new ISO's!

  3. #3
    Banned Reputation points: 4416
    Join Date
    Dec 2021
    Posts
    154

    Welcome to the space Eddie.

    Capitalize would potentially pay off one or both of the positions. Please submit the deal to subs@capitalizegroup.com

  4. #4
    Senior Member Reputation points: 10961
    Join Date
    May 2019
    Posts
    128

    Mistake

  5. #5
    Quote Originally Posted by edom4578 View Post
    Restaurant currently owes about 15% on a $10.5k 1 position MCA and approx $2.5k on 2nd position MCA, (took on 5/20/22). Would like to payoff both or take on a larger amount. Gross Monthly revenue averages approx $16k. I'm a bit new in the game, but would like to rein this merchant in. Would appreciate any suggestions.


    Eddie


    If you want you can reach out to me whenever you run into decent deals like this..I can 95% of the time have it handled.. my team and I have strong relationships with VERY many lenders.. SixThreeOne-553-717Eight -Brian (hopefully my number written like that won’t get targeted by spam bots or what have you lol)

  6. #6
    Banned Reputation points: 6026
    Join Date
    Apr 2021
    Posts
    121

    Sounds like this is a prefect fit for hybrid !
    Email us today at kevin@hybridadvancellc.com

  7. #7
    Sounds like something we can work with. Send it over. thanks.



    $ 1% bonus point for the month of June $

    We have revamped our lending criteria for aggressive offers and maximum deal flow. We pride ourselves on being extremely creative and flexible.

    Our funding Criteria:

    - 10k minimum funding - 500k max funding
    - B, C, D paper
    - Offers not based on credit score - low credit ok
    - Response time (realistically) as low as 60 minutes
    - 1st - 5th position - Up to 38% withhold of net deposits
    - 1.32 buy rates
    - Terms up to 140 days (weekly's upon approval)
    - Max Upsell to 15 points
    - Early Payoff Discounts
    - 4 truck minimum for trucking industry
    - 15k a month average revenue
    - Minimum of 5 deposits per month
    - Minimal stips (VC & ID)
    - Docusign Contracts
    - Commission paid after 1st debit clears (4 days)

    ! Attention Sales Reps !

    - Ask us about our incentives for syndication -


    Michael Ross
    Lendbug
    New York, NY
    Mross@lendbug.com
    646-360-0411

  8. #8
    Senior Member Reputation points: 218103
    Join Date
    Feb 2017
    Posts
    3,348

    Hey Lendbug! How's this case going?
    https://iapps.courts.state.ny.us/nys...sultsPageNum=1

  9. #9
    Senior Member Reputation points: 29542
    Join Date
    Jun 2021
    Location
    miami
    Posts
    436

    Quote Originally Posted by abfunders View Post
    Hey Lendbug! How's this case going?
    https://iapps.courts.state.ny.us/nys...sultsPageNum=1
    lmfao, gotta start **** don't ya micha?



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