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.