Results 1 to 7 of 7
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11-01-2022, 05:06 PM #1
- Join Date
- Feb 2022
- Posts
- 27
BK discharge
I have a client looking to get a large mca. The client had a bk that was discharged in 2016. They currently have a position and have been performing for 6 months. Revenues are 500k per month
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11-01-2022, 05:42 PM #2
- Join Date
- Sep 2022
- Posts
- 58
sent you a pm
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11-01-2022, 05:47 PM #3
- Join Date
- Oct 2022
- Posts
- 24
We can do something with your BK file, please send
Regards,
Herman Ospina
ISO Rep:
(O): 3478994677 Ext 1111
herman@advantagecapitalfunding.com
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11-01-2022, 06:50 PM #4
- Join Date
- Feb 2017
- Posts
- 3,455
Isn't this who ALL MCA funders were designed to fund? Anyone should be able to do this, just be careful that you're not going competing with another broker who will give a better position and lower fees. Make sure you know the balance of the first position. Send this to all of your best 2nd position funders, it doesn't sound like D paper at all. UNLESS the BK included some other MCA funders! In which case, it's significant hair on the deal.
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11-02-2022, 10:46 AM #5
- Join Date
- May 2022
- Posts
- 98
I'd like to price this file for you. Please get in touch.
Our funding Criteria:
- 5k minimum funding
- 6 month Min.time in business
- 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
- As low as 1.32 buy rates
- Terms up to 140 days (weekly's upon approval)
- Max Upsell to 15 points
- Early Payoff Discounts
- 15k a month average revenue
- Minimum of 5 deposits per month
- Minimal stips for contract (VC & ID)
- Docusign Contracts
- We also offer asset/inventory/accounts receivable backed term loans/lines of credit. Not MCA based. Bankable rates.
Michael Ross
Lendbug
New York, NY
Mross@lendbug.com
646-360-0411
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11-02-2022, 10:59 AM #6
- Join Date
- Jul 2022
- Posts
- 14
Capitalize funds discharged BKs if they have been discharged for over 24 months.
Please submit the deal to tyler@capitalizegroup.com for an offer.
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11-03-2022, 02:14 PM #7
- 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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