MCA funding
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  1. #1

    MCA funding

    Can anyone give me the list funders who can fund a
    Adult store. Located In west Virginia.
    Last edited by vinny78; 03-11-2016 at 03:16 PM.

  2. #2
    Veteran Reputation points: 135672 Chambo's Avatar
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    you could be sneaky, yeah...but how are they gong to pay it back?

    100,000 paying 135,000 at 642.86 a day (assuming 2 ten month offers)

    That comes out to 13,500 a month, or 23% of gross sales of $60,000 a month. That's 23% of GROSS, not profit, not net. 23 cents out of every dollar put in the register goes to cash advance.

    How long do you think before they call up crying to reduce payments...or just stop paying?

  3. #3
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    there are 2 very different questions here. can you? YES should you? probably not
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  4. #4
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    Quote Originally Posted by J.Celifarco View Post
    there are 2 very different questions here. can you? YES should you? probably not
    "probably not " john you're getting soft . you 100% should not and any iso caught doing that should be black listed

  5. #5
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    Quote Originally Posted by Michael I View Post
    "probably not " john you're getting soft . you 100% should not and any iso caught doing that should be black listed
    Give you that one Mike was not clear enough.

    Vinny if any first position bank see you turn around and stack on yur own deal twice chances are they will turn you off and not take deals from you anymore
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  6. #6
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    Please click the logout button at the top right hand of your screen and never return.
    Tommy Stein

  7. #7
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    Quote Originally Posted by vinny78 View Post
    Hi all

    Wanted know if a business with deposits of 55k to 60k a month can they get 2 or 3 MCA funding at the same time including stacking to bring the lending amount to 90k or 100k. If possible please let me know , Thanks.
    Reason #154,543 to tighten ISO on-boarding standards. Lenders - are you listening?

  8. #8
    Senior Member Reputation points: 118209 ridextreme's Avatar
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    Quote Originally Posted by vinny78 View Post
    Hi all

    Wanted know if a business with deposits of 55k to 60k a month can they get 2 or 3 MCA funding at the same time including stacking to bring the lending amount to 90k or 100k. If possible please let me know , Thanks.
    no, it is not possible. Sell him on what he qualifies for.

    When you start suggesting getting 3 MCA fundings at the same time, what you are doing is putting him and you both out of business.

  9. #9
    People, this is the 4th or 5th time this guy has asked this, both here and on Debanked. Just ignore him.
    Wall Funding ISO Team
    646-979-2161
    partners@wallfunding.com
    http://wallfunding.com/
    30 Broad St, New York, NY, 10004

  10. #10
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    It just hit me it seems like 97% of the US workforce is in the same boat as a 3rd position MCA Client!!!

    After paying Rent / Health insurance / Car expenses / Food /Clothing / Utilities /Taxes (I am sure i am leaving out alot!)..they are on on the edge !!! Am i wrong?!!

    SO when the health insurance premiums go up 20% we should be like STOP STACKING ON AMERICAN CITIZENS !!!
    Last edited by mcaguru; 03-10-2016 at 04:20 PM.
    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

  11. #11
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    This broker and his client are publicly contemplating fraud. As somebody mentioned above, take note, lenders.

  12. #12
    Quote Originally Posted by dpFund View Post
    This broker and his client are publicly contemplating fraud.
    Exactly.



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