Funder for $1 million / month business, LOC or longer term MCA
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  1. #1

    Funder for $1 million / month business, LOC or longer term MCA

    Who are y'alls go to funders for bigger deals? I have a merchant that has great credit, $1 million a month revenue and would like something along the lines of a line of credit or low rate / long term advance. Any suggestions?


    Thanks in advance!

  2. #2
    What industry and time in business?

  3. #3
    Senior Member Reputation points: 10476
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    Quote Originally Posted by jlaudan89 View Post
    Who are y'alls go to funders for bigger deals? I have a merchant that has great credit, $1 million a month revenue and would like something along the lines of a line of credit or low rate / long term advance. Any suggestions?


    Thanks in advance!
    How much is the merchant looking for? My first position deals work sort of like a line of credit. Once the merchant gets to 50% of the balances paid in we just add the new money to the back end of the old which extends the term out longer and the payment stays the same. Merchants can take money for 5 years or more and 25 times or more and pay on a 6-9 month term rate. If they take less than qualified for they can come back before the 50% mark and we will still add the new money to the back end and just readjust the payment to keep only one payment.

    Scott Platto
    Scott@tmrnow.com
    212-220-9872
    tmrnow.com

  4. #4
    Senior Member Reputation points: 116856 ridextreme's Avatar
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    I never understood why brokers don't put in all the known info in the initial post such as time in business, INDUSTRY TYPE, credit score if known, number of deposits per month, ADB, ending balance, etc...

    It's like a poker hand; it's never only about the dollar amount or only one variable.
    Last edited by ridextreme; 01-22-2024 at 02:45 PM.

  5. #5
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    Quote Originally Posted by jlaudan89 View Post
    Who are y'alls go to funders for bigger deals? I have a merchant that has great credit, $1 million a month revenue and would like something along the lines of a line of credit or low rate / long term advance. Any suggestions?


    Thanks in advance!
    MCA TVT capital. But if the client wants something better try Asset Based TErm loan or LOC. Needs AR/Equipment/Collateral/Inventory or good financials and TR.
    bzuniga@omegafund.com

  6. #6
    if its second position and on we would be able to look at it

    Depending on
    ~Industry
    ~Position
    ~Revenue


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    Paz Funding Source LLC
    310-845-6112
    Dan@PazFundingSource.com
    ALL submissions should be sent to Partners@PazFundingSource.com with CC to dan@PazFundingSource.com for quickest response.

  7. #7
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    Libertas, Samson, Tvt, Wall, Fora, Mulligan imo are the biggest players. Backd funds big dollar amounts as well but not too familiar with their box.

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