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04-23-2024, 12:52 PM #6
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,946
This should NOT be a MCA Deal - you want to saddle the new owner with a super high cost of capital?
What is the financials of the employee wanting to purchase the business.
You don't mention what amount of funding they are seeking, how much skin in the game does the employee have?
Many questions, but, you should be going down the path of SBA or Term Loan, NOT MCA $$$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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