collateral Mca
Need a Funder or Vendor? START HERE

Results 1 to 11 of 11
  1. #1

    collateral Mca

    who is doing collateral Mca's. need a quick funding.

  2. #2
    Senior Member Reputation points: 3610
    Join Date
    Nov 2018
    Location
    Miami
    Posts
    116

    Wbl

  3. #3
    they take weeks.. need a quick turn around

  4. #4
    Senior Member Reputation points: 3610
    Join Date
    Nov 2018
    Location
    Miami
    Posts
    116

    They have an Express option... No one is able to produce a collateral deal within a day..

  5. #5
    Senior Member Reputation points: 39760
    Join Date
    Oct 2014
    Location
    Naples, FL
    Posts
    474

    What type of collateral is it? What's it worth?

  6. #6
    30k its a boat

  7. #7
    Senior Member Reputation points: 72961 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
    2,270

    A boat....quickly?

    You're reaching into the Twilight Zone.

    Put it on a trailer and take it to a pawn shop.
    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.

  8. #8
    Quote Originally Posted by Olderguy View Post
    A boat....quickly?

    You're reaching into the Twilight Zone.

    Put it on a trailer and take it to a pawn shop.
    now was that nice ? why don't you teach him instead of putting him down, you didn't act like this when we work at WCM togther

  9. #9
    Senior Member Reputation points: 124096 BR-Nightmare's Avatar
    Join Date
    Nov 2018
    Location
    South Florida
    Posts
    744

    Quote Originally Posted by powerhousecapital View Post
    now was that nice ? why don't you teach him instead of putting him down, you didn't act like this when we work at WCM togther
    Woah, says the clown that puts down a construction file with low revenue?

    Did you have a come to Jesus moment?
    The Brokers Nightmare
    I don't want peace, I want problems, ALWAYS!
    Florida-Based

  10. #10
    Senior Member Reputation points: 72961 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
    2,270

    Quote Originally Posted by powerhousecapital View Post
    now was that nice ? why don't you teach him instead of putting him down, you didn't act like this when we work at WCM togther
    Not putting him down..just showing how unrealistic quick money on that kind of asset might be....I can get trucks done in a week...but a boat is a different matter all together and the value is too low for a lender to fool with..that was an honest suggestion for a pawn ship...i refer many brokers to pawn shops for clients that need quick money that have assets.
    Last edited by Olderguy; 09-06-2023 at 03:13 PM.
    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.

  11. #11
    Senior Member Reputation points: 15523
    Join Date
    Mar 2020
    Posts
    133

    Quote Originally Posted by chris32111 View Post
    30k its a boat
    I was always told if it floats or flies it's a no go.

Similar Threads

  1. SBA and collateral
    By Sachip24 in forum Merchant Cash Advance
    Replies: 3
    Last Post: 03-15-2022, 08:11 AM
  2. Collateral
    By brokerdave in forum Deal Bin
    Replies: 2
    Last Post: 01-24-2022, 11:18 AM
  3. Collateral
    By Michael Slabitcher in forum Deal Bin
    Replies: 1
    Last Post: 08-20-2018, 11:10 PM
  4. Replies: 3
    Last Post: 03-01-2018, 11:10 AM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

LegalZoom partners w/ businessloans.com
iBusiness Funding acquires Funding Circle
Fintech Nexus is shutting down


DIRECTORY