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  1. #26
    Veteran Reputation points: 135672 Chambo's Avatar
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    with a HUGE GAP in between CAN (Advance Me) and everyone else

  2. #27
    Veteran Reputation points: 159120 J.Celifarco's Avatar
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    Quote Originally Posted by Chambo View Post
    with a HUGE GAP in between CAN (Advance Me) and everyone else
    thats about right Can had I think 6 or 7 years of the industry all to themselves before MCC, first funds, and a few others starting popping up around 2004-2005
    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

  3. #28
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    well rewards network has a separate model

    1) Can Capital / Advamce me/ capital access network (98)
    2) American Micro Loan (01)
    3) Ameri Merchant / Capify (02)
    4) Business financial services /BFS Capital/Boost (02)
    5) First Funds / Principis (05)
    6) Rapid Advance (05)
    7) MCC (05)
    8) Ondeck (06)
    9) Strategic Funding Source (06)

    First Largest Brokerage for MCA:
    1) 2nd Source Funding (05) (If not for 2nd Source the layout of the industry would not be the way it is today!)..
    Last edited by mcaguru; 04-01-2016 at 04:31 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

  4. #29
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    Look at the videos under Career and Contacts. I signed up with them immediately.

    http://www.mpbusinessfunding.com/

  5. #30
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by mcaguru View Post
    well rewards network has a separate model

    1) Can Capital / Advamce me/ capital access network (98)
    2) American Micro Loan (01)
    3) Ameri Merchant / Capify (02)
    4) Business financial services /BFS Capital/Boost (02)
    5) First Funds / Principis (05)
    6) Rapid Advance (05)
    7) MCC (05)
    8) Ondeck (06)
    9) Strategic Funding Source (06)

    First Largest Brokerage for MCA:
    1) 2nd Source Funding (05) (If not for 2nd Source the layout of the industry would not be the way it is today!)..
    I believe Advance Me, the predecessor to CAN, was around 1990 actually.

  6. #31
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    Quote Originally Posted by Chambo View Post
    I believe Advance Me, the predecessor to CAN, was around 1990 actually.
    AdvanceMe, Inc. provides business cash advances and working capital in the United States. It serves small- to mid-sized businesses that process credit card sales. The company was incorporated in 1997 and is based in Kennesaw, Georgia with additional offices in Scarsdale, New York; and San Jose, Costa Rica. AdvanceMe, Inc. operates as a subsidiary of Capital Access Network, Inc.
    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

  7. #32
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    "(If not for 2nd Source the layout of the industry would not be the way it is today!).. "

    And why it will change soon enough..

  8. #33
    Veteran Reputation points: 159120 J.Celifarco's Avatar
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    Quote Originally Posted by Chambo View Post
    I believe Advance Me, the predecessor to CAN, was around 1990 actually.
    I dont know if they were around in another form, but actually doing split funding deals I think that was 97ish
    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

  9. #34
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    Quote Originally Posted by mcaguru View Post
    (If not for 2nd Source the layout of the industry would not be the way it is today!)..
    Not really sure what you mean by that. If you mean the folks who spun out of it, then yes there are a lot of individuals. If you mean the model than I think it is the complete opposite. The majority of the industry seems to now be direct funding companies with their in house sales, then a middle ground of ISOs who syndicate (still not the 2nd Source model), followed lastly by ISOs and independent agents. Hell, ODC alone is doing $150MM/month and their direct sales does 80% of the volume. THat's before you start adding in guys like YSC, MCC, CAN, Fora, etc that have their own direct sales doing big numbers.

  10. #35
    Liam Neeson Capital, LLC. I don't know who you are... but I will find you, and I will fund you
    Michael Jagiello
    Director of Client Acquisitions
    Blue Granite Funding LLC
    mjagiello@bluegranitefunding.com
    1(718)873-6407 Cell
    1(917)791-8911 Fax

  11. #36
    Rewards Network was founded in 1984 as Transmedia. They later rebranded as idine and rewards network. They classify themselves today as a merchant cash advance co and marketing services co who targets the restaurant and hospitality sector. At one point, the only players chasing restaurants for capital were idine and advanceme with a few sprinkles of clever ideas and some of the mentioned co above but idine had an edge for awhile with their marketing svc. Ultimately, better rates, not needing to switch processors to obtain an advance, and, the introduction of loans, squeezed rewards networks funding program.

  12. #37
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    Quote Originally Posted by MCAVeteran View Post
    Rewards Network was founded in 1984 as Transmedia. They later rebranded as idine and rewards network. They classify themselves today as a merchant cash advance co and marketing services co who targets the restaurant and hospitality sector. At one point, the only players chasing restaurants for capital were idine and advanceme with a few sprinkles of clever ideas and some of the mentioned co above but idine had an edge for awhile with their marketing svc. Ultimately, better rates, not needing to switch processors to obtain an advance, and, the introduction of loans, squeezed rewards networks funding program.
    I left out ARF founded in 2001 (they primarily only fund the hospitality sector).
    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

  13. #38
    And they also rebranded their name as well to arf financial

  14. #39
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    Quote Originally Posted by MCAVeteran View Post
    And they also rebranded their name as well to arf financial
    Advance Restaurant Finance Financial

    That really sums up/embodies the original topic at hand.

  15. #40
    48 Factoring Inc. for startups and small business funding.

  16. #41
    Veteran Reputation points: 159120 J.Celifarco's Avatar
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    Quote Originally Posted by CreditGuy View Post
    Advance Restaurant Finance Financial

    That really sums up/embodies the original topic at hand.
    yep this says it all
    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

  17. #42
    Senior Member Reputation points: 7162 TheShitzuofMCA's Avatar
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    World Global Financial sounds redundant/dumb reminds me of boats and hoes "World Wide Entertainment".

  18. #43
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    Cash Advance Company Names

    Prestige Worldwide*

    stepbrothers2.jpg
    Last edited by anonymous; 04-05-2016 at 09:57 AM.

  19. #44
    Senior Member Reputation points: 8603 Regium's Avatar
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    Came across Big Daddy Capital today..

  20. #45
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    trump's next exercise in diversified branding, i hope

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