Merchant deposits $4 million a month in sales, and keeps $400-600K running balance. They sell their own software that is a payment system (perhaps better stated as payment rails) to retailers, ecommerce stores, and more. Their bank statements show edeposits froma wide array of clients, like the above. Some health and wellness stores deposit to their account, education centers, digital stores, digital libraries, boutique online stores, and even processing companies are paying them what appears to be royalties or something similar on a consistent basis. Hundreds of deposits per month per statement.

Needs a home for first position.

Tried all name brand 1st position MCAs (i.e. Kapitus, Rapid, National) and they declined due to industry. Most are declining because they are confusing the merchant as a credit card processing company or credit card processing funder (i.e. Credit card split), and won't look any further.

Here's an analogy to describe what they do. Microsoft, Inc designed a software called Microsoft Office, which has a suite of products like Word, Excel, etc. They sell it to Best Buy and Staples and Office Max. Each of those retailers pays Microsoft royalties every time the Office suite is sold off their shelves. That's what this company does. Problem is, funders are confusing the merchant for being Best Buy, not Microsoft.

Any funder willing to play ball?