Quote Originally Posted by brokerCompany View Post
I was not asking for 150k MCA, that is what his current monthly deposits ar 150k monthly. Invoice Factoring, equipment financing not a fit for the merchant. Also they just did not want a loan that showed up under personal credit inquiry or as a debt on the personal credit.
If he get over 1.4 on a 2nd then we sell it. Just wanted to know who does the 2nds positions on seasonal type business.
Thanks for all those who responded we are well aware of the other options that are out there but they dont work for this merchant
150k avg rev 2nd position sounds like a deal most funders would love to price and fund. Why is there an issue placing this deal? Are Balances bad? Did they just take funding last week? Seems like an easy to fund file no?