I need a lender for a strip club/ mca
Need a Funder or Vendor? START HERE

Results 1 to 15 of 15
  1. #1

    I need a lender for a strip club/ mca

    In search of a mca lender who can fund a strip club with roughly 200 to 250k a mon th in deposits. 1st position clean

  2. #2
    Senior Member Reputation points: 93439 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
    2,672

    I have a lender working on one right now but real estate purchase...purchase price $12M doing 70% ltv loan...their initial offer was 8.99% 25 years....but after reviewing their financials, reverted to a bridge loan.....new buyer did a preojection showing changes and impact on EBIDTA. Lender is looking at an initial bridge and moving into fixed long term after some payment history and YTD results of changes.

    Most real estate lenders for this type of business only offer bridge loans.

    If there is equity, this might be a lower cost option than MCA.

    Reach out...
    Last edited by Olderguy; 10-31-2024 at 01:10 PM.
    Steve Benjamin
    Professional Business Loans

    522 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  3. #3
    they wont do any real estate and dont have.. only mca if you know anyone

  4. #4
    Senior Member Reputation points: 12766
    Join Date
    Nov 2019
    Posts
    758

    Quote Originally Posted by triumphsolutionsllc View Post
    In search of a mca lender who can fund a strip club with roughly 200 to 250k a mon th in deposits. 1st position clean
    I will fund it as long as i get free lap dances for life lol. We do not normally like that industry but if the banks and credit is clean we can maybe give a shorter term starter program.

    Scott Platto
    scott@tmrnow.com
    tmrnow.com
    office 212-220-9872
    cell 908-340-9454

  5. #5
    We do all industries besides Auto dealer.

    We can do a first if he has MCA history.

    abe@megedfunding.com
    Abe Siegel
    ISO Manager
    Meged Funding Group

    abe@megedfunding.com
    732.267.4797

    www.MegedFunding.com

  6. #6
    Member Reputation points: 10
    Join Date
    Jul 2024
    Location
    New York City
    Posts
    22

    Quote Originally Posted by triumphsolutionsllc View Post
    In search of a mca lender who can fund a strip club with roughly 200 to 250k a mon th in deposits. 1st position clean
    I'll fund it. Send to Abe@radissonfunding.com
    Direct Funder | Radisson Funding | New York, NY.

    Abe Cohen | Founding Partner
    Radisson Funding
    Phone: (212)-814-0790
    Email: Abe@radissonfunding.com
    Website: Radissonfunding.com

    First Position and Up | Past Defaults | No Industry Restrictions

  7. #7
    Senior Member Reputation points: 10046
    Join Date
    Jun 2024
    Posts
    126

    This is probably wrapped up already but we can also have a look in case you are still looking for a home for this file.

    Alex Peterson
    ISO Relationship Manager, THORO CORP
    E: alex@thorocorp.com
    C: 305-502-9414

  8. #8
    Senior Member Reputation points: 8644
    Join Date
    Jul 2015
    Location
    Tampa Florida
    Posts
    514

    We can consider as credit card processing split deal. We have a few on the books currently.
    Jason H l Sales & Business Development
    Quikstone Capital Solutions l Tampa FL
    Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
    Jason.Hausle@quikstonecapital.com
    www.quikstonecapital.com


    Direct Lender Since 2005

  9. #9
    Hello "TriumphSolutionsLLC",

    Good morning. How are you? I'm Aifherly of South Shore Funding and we can fund a strip club.

    What's your full name, email address and contact number?

    Please call me as soon as possible and send me all the information that I need to get you started.

    You can contact me through:

    My Business Cellphone: 9174239614

    Office Direct Line: 5169647088

    Email Address: Aifherly@southshorefunding.net

    You can also check out our website: www.southshorefunding.net

    Thank you and let's be more successful together.

    Kind regards,

    Aifherly

  10. #10
    We can have a look at it, we are doing credit card splits!

    email me: klaudia@simplyfunding.com

  11. #11
    Senior Member Reputation points: 95004
    Join Date
    Mar 2014
    Location
    Florida
    Posts
    3,216

    Caution - Strip clubs are high risk credit card processing accounts. They are noted for losing their processing.
    Dave Lambert, Business Development
    Managed Services Provider
    https://www.tsys.com
    https://www.united-internet.com
    https://www.nmi.com
    dave@fcbankcard.com
    Office: 727-233-1111
    Skype: fc-financial

  12. #12
    We can potentially give a nice offer here. Feel free to reach out.
    Direct Funder | FirstLine Advance | New York, NY.

    firstlineadvance.com
    Call us: 646-585-6981
    Email us: subs@firstlineadvance.com

    1st position and up | Snap Funding within 2 hours | No credit checks

    Currently accepting new ISO's!

  13. #13
    Senior Member Reputation points: 15528
    Join Date
    Aug 2024
    Posts
    260

    Quote Originally Posted by Yankeeman07 View Post
    Caution - Strip clubs are high risk credit card processing accounts. They are noted for losing their processing.
    Dave, the strippers here are already on your books for the cc payments they receive. You're charging a higher % per swipe then their bosses/or pimps charge. Ease up big Dave. No one's trying to take your cc processing clients. I know you make the most off the clubs big Dave.

  14. #14
    Senior Member Reputation points: 95004
    Join Date
    Mar 2014
    Location
    Florida
    Posts
    3,216

    Quote Originally Posted by Johndough24 View Post
    Dave, the strippers here are already on your books for the cc payments they receive. You're charging a higher % per swipe then their bosses/or pimps charge. Ease up big Dave. No one's trying to take your cc processing clients. I know you make the most off the clubs big Dave.
    What in the world are you talking about? Do you just ramble to hear yourself talk?
    Dave Lambert, Business Development
    Managed Services Provider
    https://www.tsys.com
    https://www.united-internet.com
    https://www.nmi.com
    dave@fcbankcard.com
    Office: 727-233-1111
    Skype: fc-financial

  15. #15
    All day and everyday

    best Micro Funders

    Best regards,
    Mike hazan
    Senior Underwriter
    Mike@kmtfunding.net
    551-287-6851

    ---

Similar Threads

  1. Any A Paper Funders That Fund Strip Clubs?
    By freeprocessing in forum Merchant Cash Advance
    Replies: 3
    Last Post: 12-09-2021, 06:00 PM
  2. Lending Club
    By Kevin Henry-Seacoast in forum Everything else
    Replies: 1
    Last Post: 04-24-2019, 01:21 PM
  3. Any A/B lender willing to do a strip club?
    By Miller192 in forum Merchant Cash Advance
    Replies: 9
    Last Post: 06-10-2015, 02:53 PM
  4. CMBS Loan commercial strip mall
    By tylerdurden in forum Deal Bin
    Replies: 2
    Last Post: 05-18-2015, 07:51 PM
  5. Anyone Funding Strip Clubs?
    By skideeppow in forum Merchant Cash Advance
    Replies: 21
    Last Post: 06-12-2013, 11:33 AM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Dave Lafferty new CCO at BriteCap
Lender Link partners w/ Loanspark
Fora secures $200M credit facility


DIRECTORY