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09-07-2016, 05:18 PM #12
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- Join Date
- Dec 2013
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Carl
everyone sees things differently, I strongly suggest you contact the International factoring association and watch the video of Jeremy Browns chaired session Topic "MCA friends or Foe" Jeremy did a great job discussing the business model and how Rapid can help businesses with cash flow (loved it!!), When Jeremy was done about 200 Factoring Participants started attacking MCA (at the Q&A) NOT at Jeremy personally (they understood that Jeremy is the real deal) and a dozen or so started shouting and screaming and other MCA players in the crowed they were describing MCA (I'm talking about Rapid style or breakout and all the guys equally) to be a horrible product and its killing entire factoring business and putting "clients under" and they were discussing FIRST POSITION LONG TERM DEALS HOUSES (NOT STACK) as a real enemy to the factoring business as well as the clients.
TO-DATE I have never seen someone describe a stack anywhere as bad the way the factoring executives (and some are Billion Plus in funding per year) were discussing the havoc an A paper MCA.
So yes Carl, Factoring companies look at a A Paper with the same eyes you see a 5th position funding group. (perhaps much worse). those who do not believe me take my challange and buy from the IFA the recording event. (its not about Jeremy he did a great job...it was the response from the Factoring World.Last edited by mcaguru; 09-07-2016 at 09:22 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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