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  1. #1
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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

  2. #2
    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.

  3. #3
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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

  4. #4
    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

  5. #5
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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.

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