[RickyR3712]

Yes highly likely its BS... but when you see many thousands of files a week ---you get to see a deal that makes no sense only to find out the funder was a credit card agent that decided he can do MCA's at 1.15 over 4 months)...... those guys don't last once there is any scale.

How bad is your approval or closing rate? to be seeing "many thousands" of files a week and to barely see you on bank statements.

[SFllc]

How bad is your approval or closing rate? to be seeing "many thousands" of files a week and to barely see you on bank statements.

Exactly what I was about to ask! I think I've seen Capybara in statements 2-3 times in the past 6 months.

[MCA-VET]

How bad is your approval or closing rate? to be seeing "many thousands" of files a week and to barely see you on bank statements.

Your asking good question.
Any funder will tell you that to fund 8 digits+ a month (my comfort zone) you need to go trough a lotsssssss of paper.

Regarding conversions ---its very interesting I have 2 Marketing Guru's turned MCA brokers (out west and a little more west) that spend millions per month on the most creative marketing gimmicks (hard plastic credit cards/ out of the box Mailers that for some reason have the highest conversion rates, as they are super great at getting merchants to run to computer and LOG in with special codes) Typical isos fall into good to terrible but they all close great deals. so you keep the paper high....

[BR-Nightmare]

Your asking good question.
Any funder will tell you that to fund 8 digits+ a month (my comfort zone) you need to go trough a lotsssssss of paper.

I've underwritten a lot, I barely see you in statements. (my comfort zone)

[MCA-VET]

I've underwritten a lot, I barely see you in statements. (my comfort zone)

That's comforting. (perhaps best news i heard this week). tells me i am not funding a lot of the recycled deal flow that ends up in your UW pile.

[BR-Nightmare]

T (perhaps best news i heard this week)

I would agree here, especially after we've put pieces together with all your "no inside sales" hooplah

If an ISO wants to sign up with you, where do they go on your website?

Plus if I not seeing you it's because maybe you're too pricey and I we don't wish to be that straw the breaks the Merchant's back.

[mistamca]

I have 2 Marketing Guru's turned MCA brokers (out west and a little more west) that spend millions per month on the most creative marketing gimmicks

I highly doubt that. There are no brokers brokering that volume to justify the cost. They would turn funder well before they get to the point to sustain 1mm+ in marketing. That's like 500+ funded units a month lmao

[MCA-VET]

I highly doubt that. There are no brokers brokering that volume to justify the cost. They would turn funder well before they get to the point to sustain 1mm+ in marketing. That's like 500+ funded units a month lmao

your right I wrote MCA broker...they do all kind of business loans / equipment leasing,etc. i am shocked you doubt someone is spending 1M+ on marketing to merchants across America.

[freeprocessing]

Your asking good question.
Any funder will tell you that to fund 8 digits+ a month (my comfort zone) you need to go trough a lotsssssss of paper.

Regarding conversions ---its very interesting I have 2 Marketing Guru's turned MCA brokers (out west and a little more west) that spend millions per month on the most creative marketing gimmicks (hard plastic credit cards/ out of the box Mailers that for some reason have the highest conversion rates, as they are super great at getting merchants to run to computer and LOG in with special codes) Typical isos fall into good to terrible but they all close great deals. so you keep the paper high....

Marcus, you are not funding 10m a month plus. PLease stop. Also do your bosses not check Daily Funder before hiring you? Clearly not.