[Essential$$$]

Merchant does around 800k monthly average. CA based company, good time in business and good credit. Has a first with an A paper funder that he's been paying for more than 6 months (originally funded 18 month term). All around clean file.

Looking for a 2nd position. I have a 12 month offer, he wants 18 months. Is there anyone that does 18 months as a second?

[closer129]

Then in a few months he will be looking for an 18 month 3rd position,

[Kevin Henry-Seacoast]

What industry? Perhaps there are better options. If they are B2B invoicing 800K/Month they likely have 1Mil in receivables outstanding. That being said, even factoring the AR would be a LOT more cost effective, you look like a hero, and get paid. If they qualify....they could get a ledgered line.

[abfunders]

Merchant does around 800k monthly average. CA based company, good time in business and good credit. Has a first with an A paper funder that he's been paying for more than 6 months (originally funded 18 month term). All around clean file.

Looking for a 2nd position. I have a 12 month offer, he wants 18 months. Is there anyone that does 18 months as a second?

If MCA is the route you want to take him, if you have a CA license, try IOU (unless they're the 1st position already)

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Merchant does around 800k monthly average. CA based company, good time in business and good credit. Has a first with an A paper funder that he's been paying for more than 6 months (originally funded 18 month term). All around clean file.

Looking for a 2nd position. I have a 12 month offer, he wants 18 months. Is there anyone that does 18 months as a second?

Ondeck and IOU

[Olderguy]

Why a MCA? - there are better options, you can do a quick prequal with SmartBiz for $150,000. Fund in a week or two.