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03-05-2024, 04:01 PM #1
Reputation points: 84416
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,952
Credit Card Split Funding with a Lockbox or Direct Integration with the processor eliminates the reconciliation issue.
IMO - a true MCA cannot have a fixed term - it is a purchase of FUTURE Receivables and since none of us can predict the Future,
a daily payment should be a flexible dollar amount.Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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