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  • Anybody familiar with this lender or program???

    This program is for MCA clients 4 + years in business with established business (not personal) credit.

    It is outside of the box, so if you are a newbie to the MCA industry or if you are not capable of presenting a product to your MCA clients that will take longer than 10 seconds to explain, then this is not for you.

    Funding amounts range from $20,000 up to $50,000, with the average being between $25,000 and $35,000. Two back to back fundings are possible, but less than half will get funded twice.

    This is a 5 year product and if the clients business credit is decent on Dun & Bradstreet (which we will verify at no cost to the client or you), then the client can get this funding with no personal credit pull, and with no personal guarantee.

    The entire process from submission to funding the client takes two weeks or less from start to finish and you are paid 7.5% of the amount funded to the client within 3 to 4 days after the client is funded.

    This program is simple on your end.
    1. We do not need an app as we are not pulling personal credit
    2. We do not need bank statements or financials as approvals are based off of business credit only
    3. We would only need the name and address of the business and the state of incorporation, and we will not accept that unless you have first spoken to the client yourself and given them a quick overview of the program and its benefits.

    The benefits of the program are really quite simple, and are as follows:
    1. Monthly payments
    2. 5 year term
    3. No personal guarantee
    4. No personal credit pull for owner
    5. No confession of judgment
    6. No extra fees
    7. No collateral required
    8. Does not count as a cash advance position (won't interfere with renewals or consolidation)
    9. Fully tax deductible
    10. After the tax write off, over a 5 year period the client is paying back less than double what they get in cash upfront. Before the tax write-off, about 2 and a half times what they get in cash. For example: 30K cash may cost a 75K total payback (about 15K per year) before the tax writeoff; but after the tax writeoff the true cost is really about 60K or less; which is about double or less than what they got funded in cash. And that payback is spread out over 5 years.
      NOTE: a 3rd position MCA at a 1.499 renewed just once within less than a year period costs the client almost 100% factor rate interest PLUS fees; and there is no tax writeoff.
    This pays 7.5% commission on the funded amount to the client.


    If so, please put me in contact with them asap!

    David Montgomery
    Direct: 321 351 6656
    david@moneybymax.com

  • #2
    i am interested in this program
    John DiCanio

    Managing Member

    Office: 516.916.5663
    Cell: 631.538.8324
    www.directmerchantfunding.com

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