[Keysade]

I have a client who is looking for a long term MCA or a line line of credit. He needs cash now so a SBA is out of the question. Any help would be appreciated. Thanks.

[brokerCompany]

18 months is common. Some may go 24 months but that is not so common

[Olderguy]

asset based lending
A/R, A/P, inventory, real estate, assets
I can do a Heloc or personal loan in a week
Cash out on equipment within a week too.

All better options than long term MCA.

[Loading]

I have a client who is looking for a long term MCA or a line line of credit. He needs cash now so a SBA is out of the question. Any help would be appreciated. Thanks.

Send some details about the deal to advise where to send. Credit, revenue, time in business, industry....

[MichaelP]

I've seen 36 and 48 months from Kapitus. Pretty expensive and rare, but I have seen it for well qualified large files.

[abfunders]

I have a client who is looking for a long term MCA or a line line of credit. He needs cash now so a SBA is out of the question. Any help would be appreciated. Thanks.

If you're looking to go the easy route and do something between an MCA and SBA, but faster, let me shoot me a DM and I can make an introduction.

[brokerCompany]

asset based lending
A/R, A/P, inventory, real estate, assets
I can do a Heloc or personal loan in a week
Cash out on equipment within a week too.

All better options than long term MCA.

You always trolling on here for deals?

[Olderguy]

You always trolling on here for deals?

Offering help and suggestions to those who are not aware of better options....

Some brokers care what might be in the best interests for their client.

And some just only care about how much money they can make on a deal.

You may carry on now....

[closer129]

I have a client who is looking for a long term MCA or a line line of credit. He needs cash now so a SBA is out of the question. Any help would be appreciated. Thanks.

My company goes out 912 months depending on time in business credit ending daily balances and industry. But our first position renewals work a little like a line of credit so shorter the term the better. When we renew we just add the new balance to the back of the old balance and the payment stays the same. The only get charged on the new money and they use the new money while they are still paying off the old balance so it extends the original term out. This will probably be the best option for the merchant to get the most money in the long run at the cheapest cost and you have a renewal every few months.

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

[PINNACLEADVANCE]

Give us a shot!, will pay 12 points on the deal, send the sub to nick@pinnacleadvances.com

[fundinggrasshopper]

Give us a shot!, will pay 12 points on the deal, send the sub to nick@pinnacleadvances.com

i think this post was asking who can go out longer than 24 months, not funders that cap at 24 weeks. Lol

[PINNACLEADVANCE]

i think this post was asking who can go out longer than 24 months, not funders that cap at 24 weeks. Lol

Maybe not 24 months but I can and have done 12 months, I also don't appreciate false accusations from a person i have never spoken to. If you have any issues with our company, do not hesitate to give me a call. 718 866 6556.

[fundinggrasshopper]

Maybe not 24 months but I can and have done 12 months, I also don't appreciate false accusations from a person i have never spoken to.

sincere apologies sir.... i was mistaken. you cap is 32 weeks/160 days (not 24 weeks)

no false accusations... just restating what you publicly stated a month ago.
https://dailyfunder.com/showthread.p...light=pinnacle

[Ehenek]

CAN YOU PROVIDE MORE CONTEXT HERE TO HELP IDENTIFY WHAT INSTRUMENT YOU SHOULD BEST UTILIZE? MCAs tend to go in my experience just below 2-years and thats if they are A+ paper and a direct lender backed by TRUE institutional money. Your client may need to come to reality but I am only speculating here without having all the proper data I would recommend in a discovery call.

[Sachip24]

if its first position, solid credit, and good industry no one is coming close to Ondeck online checkout 24-36 months

[Yankeeman07]

I have a client who is looking for a long term MCA or a line line of credit. He needs cash now so a SBA is out of the question. Any help would be appreciated. Thanks.

You did not mention the amount of capital requested - but - look to Bolt Express - $150K

BayFirst National is one such bank handling those types of loans.