[Michael I]

i half a agree with you.
Issue with factoring is
.1. they need to have volume to get decent rates. 2. they need to deal with factor approved people 3.they require everything to be done with them. 4.when you break down an A lender mca to cost per month it gets pretty similar.5. you have the restaurant , auto repair and similar retail shops which is a lot of this industry. 6. most larger companies i get already has factoring and needs money
With commission you are way off a 60k is 6k average which will take 3 years your way.

[TedFundy]

i half a agree with you.
Issue with factoring is
.1. they need to have volume to get decent rates. 2. they need to deal with factor approved people 3.they require everything to be done with them. 4.when you break down an A lender mca to cost per month it gets pretty similar.5. you have the restaurant , auto repair and similar retail shops which is a lot of this industry. 6. most larger companies i get already has factoring and needs money
With commission you are way off a 60k is 6k average which will take 3 years your way.

1. Our rates start at 2.5%
2. Not difficult to find "factor approved" business
3. Not true. We have no minimum usage.
4. Define similar please
5. I agree and stated this
6. Sounds like poor business decision making

Im not saying 60k in commish compares to an MCA commission. I am saying an MCA may approve for 20k when a factor can get them 60k.