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05-17-2016, 02:08 PM #1
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Public Company Taking an MCA
Anyone ever heard of a public company getting an MCA? If so, who does it and what is the process (in a nutshell).
Thanks.
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05-17-2016, 02:15 PM #2
From what I understand, you need authorization from the board for the CEO, CFO or whoever it is to sign on for financial decisions.
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05-17-2016, 02:18 PM #3
Yes and interestingly enough info about the MCA transaction typically end up in the company quarterly earnings reports.
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05-17-2016, 02:21 PM #4
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05-17-2016, 02:27 PM #5
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05-17-2016, 02:30 PM #6
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Actually could be a big positive for bridge financing for companies that rely on regular but delayed payments from insurance, municipal contracts, builders, and those waiting on the traditional funding process to run its course. Assuming of course the numbers make sense and the funding is vital to getting business done.
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05-17-2016, 02:34 PM #7
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05-17-2016, 03:01 PM #8
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Show me a public company taking MCA money and i'll show you my next short position.
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05-17-2016, 03:04 PM #9
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if its a medical company --- reach out to James @ Jgraydon@promedhcf.com
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05-17-2016, 03:07 PM #10
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05-17-2016, 03:22 PM #11
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05-17-2016, 04:19 PM #12
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05-17-2016, 04:19 PM #13
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Public Company Taking an MCA
I've seen about 5 of these in the past....they are usually penny stocks trading at less than a penny per share
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05-17-2016, 04:20 PM #14
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05-17-2016, 04:20 PM #15
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Public Company Taking an MCA
I also usually see TVT as the lender
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05-17-2016, 04:21 PM #16
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05-17-2016, 04:29 PM #17
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We have funded a public company (cant release name ) and stock has actually done very well. Believe it or not many micro-cap (between 50-300M in market capitalization ) borrow capital at 20% plus give away shares to the lender for the transaction --So a straight up MCA may be better then current structures many public companies rely on.
Last edited by mcaguru; 05-17-2016 at 04:31 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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05-17-2016, 05:03 PM #18
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I was really hoping this thread would be about someone trying to give Lending Club an MCA.
"Nobody can make you feel inferior without your consent." -Eleanor Roosevelt
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05-17-2016, 05:08 PM #19
Public Company Taking an MCA
If they have real estate collateral, WBL can fund them.
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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