Who actually funds $1M MCA?
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  1. #1

    Who actually funds $1M MCA?

    Have a merchant doing $2M a Month in Revenue. Ending balances of $300k, no loans. 750 Credit.
    Has had 1 MCA with Credibly in the 2020 for $200k and never missed a payment.
    Merchant is in California.
    What lenders would give a $1M funding to this business?
    Last edited by pjfunds; 08-17-2023 at 11:20 PM.

  2. #2
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    Text me 646-708-5986 would like to hear the scenario.
    Marcus Clapman
    Capybara Capital
    marcus@capybarausa.com
    www.capybarausa.com
    646-708-5986 (Text Friendly!)

  3. #3
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    Lending Valley can take on $1m files, we fund up to $5M.

    If they're doing 2M with a 750 CS what were the reasons your other funders wouldn't do it? Industry type?

    Additionally, if they never missed a payment on credibly, why didn't they come back for a renewal?
    Would love to discuss this one verbally before sending it in, let's touch base.
    Clark Sica
    Business Development Manager
    Lending Valley, Inc.
    Office Line: 347-478-5161
    Mobile Line:347-536-0528
    Fax: 1-888-850-1971
    www.LendingValley.com

  4. #4
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    Quote Originally Posted by pjfunds View Post
    Have a merchant doing $2M a Month in Revenue. Ending balances of $300k, no loans. 750 Credit.
    Has had 1 MCA with Credibly in the 2020 for $200k and never missed a payment.
    Merchant is in California.
    What lenders would give a $1M funding to this business?
    TVT. But what is the industry? Client may have better options than MCA and can still fund fast

  5. #5
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    Quote Originally Posted by pjfunds View Post
    Have a merchant doing $2M a Month in Revenue. Ending balances of $300k, no loans. 750 Credit.
    Has had 1 MCA with Credibly in the 2020 for $200k and never missed a payment.
    Merchant is in California.
    What lenders would give a $1M funding to this business?
    I sent you a detailed list on your other post in regards to where to go, literally in order.

  6. #6
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    Quote Originally Posted by pjfunds View Post
    Have a merchant doing $2M a Month in Revenue. Ending balances of $300k, no loans. 750 Credit.
    Has had 1 MCA with Credibly in the 2020 for $200k and never missed a payment.
    Merchant is in California.
    What lenders would give a $1M funding to this business?
    To name a few I think Kapitus, IOU, Wall Funding who are well known funders in this space.

  7. #7
    Symplifi is also a great funder that funds large $$ amounts with great rates & terms

  8. #8
    We do larger deals all the time. We are more competitive on the larger files as well.
    Adam Cohen
    Diverse Capital
    Direct Funders
    (646) 239 - 2887
    adam@diversecapitalllc.com

  9. #9
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    Quote Originally Posted by JayFunds View Post
    Symplifi is also a great funder that funds large $$ amounts with great rates & terms
    You're 24capital. Give it a few months and someone will bring up your bad business practices.

  10. #10
    Really have no life but to stay on DF talking nonsense. Why don't you put that same energy into funding some deals or into yourself and your family instead of coming on here to gossip and talk ****. Grown Men shouldn't behave like that @Zonefund

  11. #11
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    Quote Originally Posted by JayFunds View Post
    Really have no life but to stay on DF talking nonsense. Why don't you put that same energy into funding some deals or into yourself and your family instead of coming on here to gossip and talk ****. Grown Men shouldn't behave like that @Zonefund
    Courts don't lie. Your rep ivan who sent me an iso agreement had it come directly via contracts@fundersapp.com.

    Alfa advance was your last re brand. Folks found out. Now it's symplifi.

    Don't hate the player hate the game.

  12. #12
    Libertas is your best bet by far imo
    if its not for them , would try
    Wall/ Global Merchant Cash
    Delta Bridge
    Reliance
    Cedar
    Fox
    Apex

  13. #13
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    Quote Originally Posted by pjfunds View Post
    Have a merchant doing $2M a Month in Revenue. Ending balances of $300k, no loans. 750 Credit.
    Has had 1 MCA with Credibly in the 2020 for $200k and never missed a payment.
    Merchant is in California.
    What lenders would give a $1M funding to this business?
    cedar or fiji

  14. #14
    known big file funders that I've personally seen are fora, wall, tvt, vox, american choice, smart step, libertas, pirs.
    im sure there are a few others but most are cap

  15. #15
    Just saw Ace in a few big files

  16. #16
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    Text me 631.487.5696
    Did a 1.8 mm first position recently. 24 months

  17. #17
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    Libertas seems to have cornered that market if your talking $1M+ deals. Kapitus Direct Sales partnered with Libertas if that tells you anything

  18. #18
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    Happy to take a look, we'll go up to 1.5M


    Moe Braun
    Rocket Capital
    (C)848-318-2598
    (O)786-937-3556
    Moe@rocketcapllc.com
    Last edited by iwantyourpaper; 08-23-2023 at 11:21 AM.

  19. #19
    What industry? Could do a term or payoff with first position MCA..

  20. #20
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    Quote Originally Posted by RYAN$ View Post
    What industry? Could do a term or payoff with first position MCA..
    Weren't you banned off the website, skippy?

  21. #21
    Member Reputation points: 28 overnightcapital's Avatar
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    overnight getting large files done

  22. #22
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    Libertas will strongarms your deal and doesnt pay on renewals... Notorious for taking your merchant and you will never see the renewal again. People in this industry have no honor, no moral, or ethics.

  23. #23
    Symplifi Capital - Funded 4 Million last month all on one contract.....Airline Industry

  24. #24
    ..
    Last edited by TCG; 12-26-2023 at 10:32 AM.

  25. #25
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    Quote Originally Posted by pjfunds View Post
    Have a merchant doing $2M a Month in Revenue. Ending balances of $300k, no loans. 750 Credit.
    Has had 1 MCA with Credibly in the 2020 for $200k and never missed a payment.
    Merchant is in California.
    What lenders would give a $1M funding to this business?
    if you are giving him that much money may as well give him a real loan, there are far better products than an mca when he's making that kind of money. may take you two weeks to close not two days but your sponsor will be far happier and will keep coming back to you.
    Midwestern Financial Solutions
    CEO
    Office - (954) 694-6402
    email- Info@midwesternfinancialsolutions.com
    MidwesternFinancialSolutions.com
    Where your box ends ours begins.
    https://www.linkedin.com/company/mid...ial-solutions/
    linkedin.com/in/brandon-cooper-426615267

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