Small MCA company looking to sell their book
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  1. #1

    Small MCA company looking to sell their book

    Good Afternoon DF,

    I've the Owner/CEO of a small direct funder that has been around for 4 years now. I've got a team of 5 employees under me (4 underwriters, 1 administrative assistant). Before you ask, no I'm not a broker or white-labeled company, and will be happy to share the real name of my company to serious enquirers. We are 100% broker-driven and have never brokered a file. You will be able to find us filing directly under our own name on NY Courts as well.

    I've got just shy of 2,000 total fundings since inception, with a few hundred active merchants, and just shy of 1,100 unique businesses funded. Currently funding around $1M/month with roughly $3.5M in outstanding RTR.

    We focus primarily on the Vader/EBF/Bitty/CFG/McKenzie/Delta Bridge/Mantis/LCF market, and will often times be in the same files as them. Our average deal size is from 90-100 payments.

    I'm planning on leaving the industry to pursue new opportunities. MCA has treated me well over the years, but I'm really just looking for a change in scenery.

    If this is something you're seriously interested in, and you have a company that can financially back up an acquisition like this, please send me a DM along with your phone #, e-mail address, and the name of your funding company. Please note, I will only respond to funding companies that I've actually heard of and have seen in statements before.

    Thank you,
    TheUnderwritingProdigy

  2. #2
    Senior Member Reputation points: 12684
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    What is the name that you fund under?

  3. #3
    Quote Originally Posted by FunYouMan View Post
    What is the name that you fund under?
    As mentioned, if you are interested and have a company that I think could actually pull off the acquisition, I will provide that information. Please shoot me a DM if this matches your criteria.

  4. #4
    Senior Member Reputation points: 124096 BR-Nightmare's Avatar
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    Quote Originally Posted by TheUnderwritingProdigy View Post
    Good Afternoon DF,

    I've the Owner/CEO of a small direct funder that has been around for 4 years now. I've got a team of 5 employees under me (4 underwriters, 1 administrative assistant). Before you ask, no I'm not a broker or white-labeled company, and will be happy to share the real name of my company to serious enquirers. We are 100% broker-driven and have never brokered a file. You will be able to find us filing directly under our own name on NY Courts as well.

    I've got just shy of 2,000 total fundings since inception, with a few hundred active merchants, and just shy of 1,100 unique businesses funded. Currently funding around $1M/month with roughly $3.5M in outstanding RTR.

    We focus primarily on the Vader/EBF/Bitty/CFG/McKenzie/Delta Bridge/Mantis/LCF market, and will often times be in the same files as them. Our average deal size is from 90-100 payments.

    I'm planning on leaving the industry to pursue new opportunities. MCA has treated me well over the years, but I'm really just looking for a change in scenery.

    If this is something you're seriously interested in, and you have a company that can financially back up an acquisition like this, please send me a DM along with your phone #, e-mail address, and the name of your funding company. Please note, I will only respond to funding companies that I've actually heard of and have seen in statements before.

    Thank you,
    TheUnderwritingProdigy
    Best of luck to you & may you find a suitable successor to your portfolio.
    The Brokers Nightmare
    I don't want peace, I want problems, ALWAYS!
    Florida-Based

  5. #5
    Senior Member Reputation points: 31817
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    good luck not only in the sale, but your new endeavor as well.

  6. #6
    I appreciate all the kind words! Definitely a lot of interest so far.

  7. #7
    Senior Member Reputation points: 58222
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    Wishing you much success in your journeys, travels, and adventures.







    And don’t be dumb.

  8. #8
    please contact me at 732-841-9561

    Jay

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