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  1. #1

    Seeking financing against MCA portfolio

    Does anyone know of any factoring companies or hedge funds that will lend against my MCA portfolio?

    I'm looking for a small amount, 1-5 MM, for a company with a proven track record.

    Any advice is appreciated.

    ansuser54@gmail.com

  2. #2
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Free advice, don't use a gmail account, or any other free one here.

  3. #3
    Senior Member Reputation points: 16735
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    Quote Originally Posted by mcauser View Post
    Does anyone know of any factoring companies or hedge funds that will lend against my MCA portfolio?

    I'm looking for a small amount, 1-5 MM, for a company with a proven track record.

    Any advice is appreciated.

    ansuser54@gmail.com
    If you have a strong processing portfolio I know some processors are offering exactly what you are looking for.

  4. #4

    Seeking financing against MCA portfolio

    Really? Leave the guy alone. People have the right to use whatever email handle they want. Are you going to look at a merchant doing 10mm a year differently if he is using a gmail account???

  5. #5
    Senior Member Reputation points: 16735
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    Quote Originally Posted by Funder Mark View Post
    Free advice, don't use a gmail account, or any other free one here.
    I think in this case you wouldn't want everyone to know you are trying to secure financing against your portfolio.

  6. #6
    Veteran Reputation points: 157541 J.Celifarco's Avatar
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    First of all this is not a merchant, it is someone trying to sell a portfolio. If I was going buy a portfolio from someone, and I saw they are working from a gmail address I would question if the portfolio is legit. I think what everyone is trying to say is that before you come on a public forum trying to accomplish something you should think of how it looks to people when you show up with a gmail address rather then a company email address. One looks professional the other looks questionable

  7. #7
    Senior Member Reputation points: 820
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    Are you looking to borrow against future residuals/renewal commission? Or against A/R you have on your books from funding your own deals?

  8. #8
    Quote Originally Posted by GRP Funding View Post
    Are you looking to borrow against future residuals/renewal commission? Or against A/R you have on your books from funding your own deals?
    I'm looking to borrow against existing AR on my books from funding my own deals.

  9. #9
    Senior Member Reputation points: 16709
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    Seeking financing against MCA portfolio

    we do a lot of invoice factoring and no factor will touch this. you need someone investors that purchase income streams.

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