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06-23-2022, 01:42 PM #1
- Join Date
- Jun 2021
- Location
- Miami
- Posts
- 5
MCA Funders have a Quote
Hey, do MCA funders that are corporate have a quote for you to work with them.
Company does SBA and LOC and some MCA.
Would it be an issue to sign up with tier A lenders like ondeck, rapid and forward if we dont have lots of mca volume.
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06-23-2022, 01:58 PM #2
- Join Date
- Nov 2021
- Location
- in this thread, vigorously mashing the refresh key
- Posts
- 259
If you don't have existing MCA volume you're not being signed up with A Paper funders in most cases
Doing SBAs can be a liability also in some cases assuming you're not doing them up to code (i.e. ripping 20% EIDL Fees)Last edited by SendDocsPlox; 06-23-2022 at 02:11 PM.
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06-23-2022, 02:35 PM #3
You can sign up with FundShop or SmartBiz to get access to term loans. (I am sure there are are others). Smartbiz accesses Funding Circle if their SBA Express UW gets denied.
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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06-25-2022, 01:42 PM #4
- Join Date
- May 2021
- Posts
- 46
Fund shop's site looks like every other MCA business, what do the do different?
Smartbiz - has that been a good resource? We sent them a few deals during 2020 covid but they stopped responding but were highly recommended.
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06-25-2022, 03:17 PM #5
Last edited by Olderguy; 06-25-2022 at 10:35 PM.
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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06-26-2022, 09:11 PM #6
- Join Date
- Dec 2016
- Posts
- 379
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06-27-2022, 11:19 AM #7John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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06-23-2022, 03:27 PM #8
- Join Date
- Dec 2021
- Posts
- 637
Capybara Capital funds A paper deals (and B-C) and you don't need to send x amount to work with us!!! ..In fact with the way the economy goes and some funders may cut back ...It would be smart to sign-up with Capybara Capital just to be up and running with us....... For ISO agreement Email marcus@capybarausa.com
Marcus Clapman
Capybara Capital
marcus@capybarausa.com
www.capybarausa.com
646-708-5986 (Text Friendly!)
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