[Winning]

I came across a post here on the forum by Yankeeman07 that stated

...Many business owners don't have the revenue to qualify for $50K - $100K funding.... merchants man only qualify for a $15/20k.

That got me to thinking...... Then I google searched "how to become a mca funder", and it returned 0 results! How is it possible that that phrase brought up 0 results! How about we fix that here, so in the event someone googles that, at least this thread will come up with good info..

So if a person has $15/20k to lend, how would they go about lending it? In essence becoming a funder.....

I imagine you would need to setup a business entity 1st, open a business account, fund it, get contract drawn up, have your lawyers review the contracts, then lend the money out????

I don't know exactly, what the steps are... But I am sure some of you all here know exactly what to do and have actually did it.

So would any of you mind to contribute in making a step by step guide of what it takes to correctly lay the foundation to become a funder?

What do you think the initial investment one would need to make before they are even able to lend the money out?

Once a person understands what it takes to correctly fund the 1st deal, the 2nd, 3rd, - 1000th deal is rinse and repeat, minus the initial setup investment. So the more fundings that are done, the cheaper each funding becomes to do, so to speak... ????