$5M MCA - $3M monthly gross
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  1. #1

    $5M MCA - $3M monthly gross

    Looking for pre-approval offers for a client with $3M avg gross. I have 6 months bank statements business loan app and MTD. B/O doesn't want to submit P&L and Balance sheet until they see pre-approvals. Client is looking for $5M MCA 1.2-1.35 factor.


    J.D. Chiles
    Chiles Capital
    Office: 305.330.5879
    Direct: 305.564.4575
    Mobile: 747.264.6023
    jd@chilescapital.com
    www.chilescapital.com
    www.smallbusinessfunder.com

  2. #2
    Member Reputation points: 222 Prosperum Funding's Avatar
    Join Date
    Sep 2021
    Location
    8 W 36th St NY, NY 10018
    Posts
    85

    PM regarding this one.
    Frank Jacobs,
    Funding Director
    ProsperumFunding.Com
    | Office | (929) 376-8912
    | Fax | (888) 894-3518 or (212) 706-0117
    | Email | FJacobs@ProsperumFunding.com
    8 West 36th Street, Floor7 | New York, NY 10018

  3. #3
    Senior Member Reputation points: 73140 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
    2,287

    TVT goes up to $20M
    Their factor rate may be a different story.
    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.

  4. #4
    Member Reputation points: 10
    Join Date
    Sep 2022
    Location
    Lakewood, NJ
    Posts
    51

    It is totally able to get done.

    Call me and I will tell you where to go.
    Josh Dan
    B2B Funding LLC
    josh@b2bfundingllc.com
    Super Broker
    (347) 794-1592

  5. #5
    Senior Member Reputation points: 22201
    Join Date
    Dec 2021
    Posts
    637

    I believe Capybara Capital is right there in the small pack of funders doing 3M-Fundings with the same ease others fund a 30K deal.
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  6. #6
    Senior Member Reputation points: 307559
    Join Date
    Jun 2015
    Posts
    3,323

    no mca funder will give over 50% of monthly gross with that kind of volume . Best case you looking at 1.5 mill not 5 mill

  7. #7
    Senior Member Reputation points: 84417
    Join Date
    Mar 2014
    Location
    Florida
    Posts
    2,952

    Quote Originally Posted by jdchiles View Post
    Looking for pre-approval offers for a client with $3M avg gross. I have 6 months bank statements business loan app and MTD. B/O doesn't want to submit P&L and Balance sheet until they see pre-approvals. Client is looking for $5M MCA 1.2-1.35 factor.


    J.D. Chiles
    Chiles Capital
    Office: 305.330.5879
    Direct: 305.564.4575
    Mobile: 747.264.6023
    jd@chilescapital.com
    www.chilescapital.com
    www.smallbusinessfunder.com
    Gross $3M per month - what is their net profit margin?
    Industry?
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  8. #8

    Submit deal

    We may be able to assist you. We can go out 12 months or more on our MCAs. We are very competitive on rates as well. $5M is very doable. Submit to submissions@pccapitalllc.com and cc myself to request an ISO agreement to paul@pccapitalllc.com. We look forward to closing a few of these deals for you.

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