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11-21-2016, 12:59 PM #1
Reputation points: 6278
- Join Date
- Mar 2016
- Posts
- 186
Debt to revenue %
Can anyone give some insight?
Is debt only MCA debt? Only daily MCA?
Is there common practice as to what % should not be exceeded?
Which funders have the higest Debt to Rev, %?
Are there legalities
When I entered this industry a year ago, I was told that if a merchant qualifies, he will be advanced a dollar amount of anywhere between 85%-115% of his monthly rev.
Recently I heard 65%
and now I'm hearing 15% by some funders.
Please enlighten me. Or just tell me to F off instead of going on a "n00b rant"
Thanks
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