Results 1 to 8 of 8
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07-13-2022, 12:32 PM #1
- Join Date
- Dec 2016
- Posts
- 379
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
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07-13-2022, 01:19 PM #2
- Join Date
- Jan 2019
- Posts
- 140
What is the name that you fund under?
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07-13-2022, 01:22 PM #3
- Join Date
- Dec 2016
- Posts
- 379
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07-14-2022, 09:16 AM #4
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07-14-2022, 09:56 AM #5
- Join Date
- Jul 2015
- Posts
- 215
good luck not only in the sale, but your new endeavor as well.
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07-14-2022, 11:41 AM #6
- Join Date
- Dec 2016
- Posts
- 379
I appreciate all the kind words! Definitely a lot of interest so far.
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07-15-2022, 02:58 PM #7
- Join Date
- Dec 2015
- Posts
- 610
Wishing you much success in your journeys, travels, and adventures.
And don’t be dumb.
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07-19-2022, 11:30 PM #8
- Join Date
- Jul 2021
- Posts
- 0
please contact me at 732-841-9561
Jay
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