[NewFunder80]

As I mentioned in my last post, my company is new to the MCA business. I will try to post results and experiences on this thread. Although people probably wont admit it, I think we are often curious as to how other people are doing in the same business we are in.

We are a direct funder.

So far we have advanced 14 merchants. 2 have defaulted and are ignoring calls. 2 merchants are behind, but have set up for payments to resume this week. We received a payoff wire for one merchant, I assume he got another advance, so that merchant is paid in full. All the other accounts are performing well.

Other funders please feel free to share your thoughts and experiences here.

Edit: Total merchants funded so far is 14 not 13.