Results 1 to 13 of 13
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10-24-2022, 05:53 PM #1
- Join Date
- Feb 2022
- Posts
- 27
Looking for a million in an MCA
I have a client who is doing over 1.5 mil a month and is looking for a million for a mca. They have a project coming up which will net a great ROI. They have 2 smaller positions that total about 100k that they would like to pay off with this loan
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10-24-2022, 06:27 PM #2
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,995
Why are the going with an MCA?
If they have good financials, FICO, much better options are possible.Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
Office: 727-233-1111
Skype: fc-financial
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10-24-2022, 06:35 PM #3
What he said...
Probably need dough right now situation
TVT can do $1MM.
I'm sure there are others.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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10-24-2022, 06:41 PM #4
- Join Date
- Feb 2022
- Posts
- 27
The clients have only been in business for a year so they can't get a long term deal.
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10-24-2022, 07:30 PM #5
- Join Date
- Jul 2017
- Posts
- 548
Ask amount 1m and doing 1.5m a month in rev is a big ask, let alone with 2 positions. I am assuming the balances are only 100k because the original deals were small which generally gives you a good inkling of what the merchant is actually good for vs what they are requesting. With that being said if it is an industry with a high profit margin and you want to co broker it, feel free to PM me. Doubtful at 1m but I can sell the merchant on something less.
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10-24-2022, 11:23 PM #6
- Join Date
- Dec 2021
- Posts
- 638
Those are the exact deals Capybara Capital funds in the course of a typical business day. More and more ISO's have come to learn about what's come to be known as a "CAPYBARA-SPECIAL" ---300K-3M OFFERS.
Last edited by MCA-VET; 10-25-2022 at 02:19 AM.
Marcus Clapman
Capybara Capital
marcus@capybarausa.com
www.capybarausa.com
646-708-5986 (Text Friendly!)
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10-25-2022, 01:41 AM #7
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,995
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
Office: 727-233-1111
Skype: fc-financial
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10-25-2022, 04:42 PM #8
- Join Date
- Nov 2019
- Posts
- 691
What type of industry is he in. What are the daily balances. He might of gotten smaller mcas because at the time he took them he was under a year in business and maybe was not at the 1.5 million mark yet. We wont payoff that much of a dollar amount and it would not make sense for the merchant to most likely do so. My companies max is 1 million depending on the industry with the profit margins are and daily balances and credit. We cannot go off of the contract until we see the revenue growing but as it starts to grow we can give early renewals and maybe just add on the new money to the back of the old and just readjust the payment if we like the file enough.
Scott Platto
scott@tmrnow.com
212-220-9872
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10-26-2022, 06:54 PM #9
Send it to Supreme
We fund up to $3mm in as little as 3hrs. Feel free to contact me at the info below
We specialize in funding:
Deals w prior Defaults
"Over Leveraged" deals
All Positions (as long as there is space)
Low FICO scores
and all other "difficult" deals
To submit a file or to request an ISO Agreement, kindly email underwriting@supremefunding.net.
I look forward to hearing from you.
Rasheed Miller
(917) 933-3095 (text or call)
https://supremefunding.net/
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11-01-2022, 06:43 PM #10
- Join Date
- Apr 2022
- Posts
- 35
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11-02-2022, 11:09 PM #11
- Join Date
- Mar 2016
- Posts
- 124
Mike Lewis - commercial real estate loan broker / owner
No up front fees loan broker
Commercial real estate loans: Acquisition, refinance, construction and FAST bridge loans from $200k +
tel/voicemail: 937-964-5355
cell/voicemail: 440-637-5646
corporate email: mikelewis@michaellewisgroup.com
www.linkedin.com/in/cigarmike
Veteran Owned
WE CO-BROKER with an even 50/50 split and we both get paid by wire at close.
We issue a combination mutual NDA / fee split, you introduce your CRE clients to us stating simply we handle your commercial real estate loans, we take it from there and keep you in the loop. When a loan you referred closes, you get paid at close by wire.If you can work with that please do not hesitate to contact us. Our loan forms are vanilla with no company name.
Michael Lewis Group Commercial real estate loans
http://michaellewisgroup.com/index.html
Loan Matrix
Forms
About Us
Discounted cell phone plans starting at $15 / month. AT&T from $30/mo, T-Mobile from $15/mo, Verizon from $35/mo.
http://arthodyd.com/d.html
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11-03-2022, 02:15 PM #12
- Join Date
- Apr 2021
- Posts
- 121
Sounds like this is a prefect fit for hybrid
Email us today kevin@hybridadvancellc.com
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11-06-2022, 01:12 AM #13
- Join Date
- Sep 2014
- Location
- CALIF
- Posts
- 9
We have a premium product up to 1.5 m
Call me to discuss.
Carrie
IOU Financial
678-932-8874
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