Medical/Dental Practices?
Need a Funder or Vendor? START HERE

Results 1 to 25 of 37

Hybrid View

  1. #1
    Member Reputation points: 131
    Join Date
    Jan 2014
    Location
    Denver, CO
    Posts
    90

    No, I do not know that. I've never seen a starter over $20k (as far as I can remember).

  2. #2
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
    Join Date
    Aug 2012
    Location
    New York City
    Posts
    1,882

    Quote Originally Posted by Eric S View Post
    No, I do not know that. I've never seen a starter over $20k (as far as I can remember).
    There was a time when a starter meant a 2k advance from 1st merchant at 1.495. I remember those days well and in many people's opinions were a waste of time for sales reps. Now the deals are basically any size. 20k, 50k, 200k.... I have seen 300k+ sized "starter" deals.

    Starter tends to mean now high factor, short turn. Commissions on these can be pretty huge and since the deals can renew every 3 months, you can make serious money on them.

Similar Threads

  1. MCA Worst Practices
    By Finance1 in forum Merchant Cash Advance
    Replies: 21
    Last Post: 05-27-2015, 11:23 PM
  2. Funding a Medical Marijuana Business
    By Sean Cash in forum Merchant Cash Advance
    Replies: 13
    Last Post: 09-12-2013, 10:10 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

Lendistry welcomes new CFO
LegalZoom partners w/ businessloans.com
iBusiness Funding acquires Funding Circle


DIRECTORY