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11-24-2015, 09:41 AM #1
Aligned Interests Make Merchant Cash Advance
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11-24-2015, 09:55 AM #2
Very good points. And compared to a secured loan where the assets should make up for losses, we need the merchants to do well in business to pay up, and eventually renew.
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11-24-2015, 10:10 AM #3
- Join Date
- Jul 2014
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- 1,746
Aligned Interests Make Merchant Cash Advance
Agreed. A little tired of our business getting such a bad rap on the streets. The perception that we are loan sharks by some merchants and other players in the financial sector (even my own depository, with whom I had to fight to even open my first business checking account because "they don't deal with our industry") I hope changes in 2016.
I have long complained about the low barrier to entry to this space, but increasingly expensive marketing costs and the requirement of a high level of knowledge to penetrate the market is raising the bar, and I applaud it. Even at my own expense, I am quickly realizing that as a small (but fast swimming) fish in a very big ocean, I need the support and resources of a larger team, which will have to come to fruition here soon.
Great post Isaac. You guys have been a great help to my little ISO for the last 2 years and I could not have made it this long without you guys.
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11-24-2015, 10:37 AM #4
Aligned Interests Make Merchant Cash Advance
Thanks guys...appreciate the feedback
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11-24-2015, 10:51 AM #5
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- Jun 2015
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- 3,319
i guess we will call today yellowstone tuesday
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11-24-2015, 11:33 AM #6
Aligned Interests Make Merchant Cash Advance
They should rename Black Friday to Cholent Friday
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11-24-2015, 11:51 AM #7
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11-24-2015, 11:37 AM #8
But thats only in the winter...
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11-24-2015, 11:56 AM #9
- Join Date
- Dec 2013
- Posts
- 4,713
you sure?? i would bet productivity goes down by 2 thirds after a bowl of that stuff just kidding !
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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11-24-2015, 12:26 PM #10
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- Jun 2015
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11-24-2015, 11:45 AM #11
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- Dec 2013
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- 4,713
whats Cholent
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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11-30-2015, 02:34 PM #12
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11-24-2015, 12:03 PM #13
If you don't know what cholent is, you are disqualified from selling MCA's... LOL
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11-24-2015, 12:47 PM #14
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- Apr 2015
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- 297
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11-24-2015, 12:55 PM #15
- Join Date
- Sep 2012
- Location
- New York, NY
- Posts
- 1,780
Yeah that's a prerequisite to be a moneylender.
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11-24-2015, 12:04 PM #16
oh no doubt...add in some potato kugel, liver and kishka and its game over
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11-24-2015, 12:55 PM #17
- Join Date
- Dec 2013
- Posts
- 4,713
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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