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  1. #20
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    Quote Originally Posted by J.Celifarco View Post
    100% I have lost deals because they had a factoring deal the would not allow them to take an MCA. Has happened to me a few times. Luckily the majority of the business' we deal with dont use factoring companies.. Outside of trucking and some of the construction deals, I rarely see them
    I used to think the same until i got the data from the factoring association. to give you an idea (on a simple level) go to any interstate and you will see in a span of seconds large tractor trailers rip-by one after the next and majority of the items on those trucks are factor-financed.


    TIP OF THE DAY!!

    (since john sees so few factor deals)...go after merchants you feel may need products factored and you got a great MCA deal!! enough out of me for this thread!
    Last edited by mcaguru; 05-10-2016 at 12:19 PM.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    ——————————————————————————
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

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