Merchant Cash and Capital Receives $75 Million Term Loan from Investment Consortium
Need a Funder or Vendor? START HERE

Results 1 to 7 of 7
  1. 03-17-2014, 10:07 AM #1
    CO1
    CO1 is offline
    Senior Member Reputation points: 3217 CO1's Avatar
    Join Date
    Apr 2013
    Location
    New York
    Posts
    644

    Merchant Cash and Capital Receives $75 Million Term Loan from Investment Consortium

    http://www.businesswire.com/news/hom...m#.UycArvldVqU
    Reply With Quote Reply With Quote
  2. 03-17-2014, 10:49 AM #2
    Sean Cash
    Sean Cash is online now
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
    Join Date
    Aug 2012
    Location
    New York City
    Posts
    1,879

    wow. good for them. It's been a while since they raised money. Also I noticed that it says they're funding $20 million a month now. That's incredible.
    Reply With Quote Reply With Quote
  3. 03-17-2014, 10:58 AM #3
    isaacdstern
    isaacdstern is offline
    Senior Member Reputation points: 13325 isaacdstern's Avatar
    Join Date
    Feb 2013
    Posts
    1,285

    $75MM...that's a big number
    Reply With Quote Reply With Quote
  4. 03-17-2014, 12:19 PM #4
    CO1
    CO1 is offline
    Senior Member Reputation points: 3217 CO1's Avatar
    Join Date
    Apr 2013
    Location
    New York
    Posts
    644

    Everybody keeps talking about that this industry is a bubble but what i ask is why is on deck, mcc, taking on more money if they don't see growth?
    Reply With Quote Reply With Quote
  5. 03-17-2014, 12:23 PM #5
    MCNetwork
    MCNetwork is offline
    Senior Member Reputation points: 99426
    Join Date
    Sep 2012
    Location
    New York, NY
    Posts
    1,780

    Because the bubble is still expanding.
    Reply With Quote Reply With Quote
  6. 03-17-2014, 05:13 PM #6
    funding pro
    funding pro is offline
    Senior Member Reputation points: 12452
    Join Date
    Jun 2013
    Posts
    351

    Considering they seem to be mostly focused on MCA deals and less of the fixed daily/loan deals, that's a lot of business to be doing.
    Reply With Quote Reply With Quote
  7. 03-18-2014, 09:03 AM #7
    AndyYSCISOdept
    AndyYSCISOdept is offline
    Senior Member Reputation points: 10944
    Join Date
    Oct 2013
    Location
    New York, NY
    Posts
    1,203

    Even if there is a "bubble" it does not in any way mean that we wont all have money to make and deals to fund if/when this bubble burst.
    Reply With Quote Reply With Quote
« Previous Thread | Next Thread »

Similar Threads

  1. OnDeck Launches An Industry First: OnDeck Term 24, A New Loan Product Offering Amount
    By isaacdstern in forum Merchant Cash Advance
    Replies: 9
    Last Post: 05-04-2016, 10:58 AM
  2. Hiring Underwriters - NYC - Merchant Cash and Capital
    By sbroman in forum Help Wanted
    Replies: 0
    Last Post: 07-15-2013, 06:21 PM
  3. Merchant looking for $2 Million
    By skideeppow in forum Merchant Cash Advance
    Replies: 6
    Last Post: 07-01-2013, 06:20 AM
  4. What is the Skinny on the BFS loan program ($ 2 million)
    By nextstep in forum Merchant Cash Advance
    Replies: 12
    Last Post: 06-19-2013, 11:07 AM
  5. Merchant Cash and Capital Radio Interview
    By Sean Cash in forum Promotions
    Replies: 3
    Last Post: 10-04-2012, 12:56 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules



INDUSTRY ANNOUNCEMENTS
Pipe secures $100M credit facility
Cloudsquare: 14 new lender APIs
FundKite survey finds 77%

DIRECTORY