r/MCAlegend

Hey all,
I’ve been working in MCA for 4.5 months now. My first deal was for 500k after 2 months. 2nd deal was for 15k a month later and then I got another 400k deal after that. I believe I have gotten extremely lucky with the large deals and had lots of help from my team getting them done. That being said, only making 3 deals so far has been discouraging. Every day I go home feeling defeated, and all day I’m uncomfortable. I see the money a lot of the guys make and that keeps me motivated because I see no other way to make this kind of money so I keep showing up and calling day in an out. But I just don’t know at what point do I give up. Is it too early to throw in the towel, maybe I’ll get better? Or should I start looking elsewhere?

So hey everyone I’m 23 in my final sem of bca which currently running late for my university. And i am doing it from a third class University from Rajasthan, my universities is like tier 1000 and its so bad that i’m about to complete my bca but I didn’t learn anything form my college and i just regret it for choosing this and i want to do a mca for that i also took the mah CET mca for that I didn’t prepare at all cuz my 5 sem examination was also at that time and today i got the results for cet which is 48 percentile I’m pretty sure that with this much marks I didn’t even get a third class college. I also fill the nimcet form I didn’t prepare for that at all the exam is in 10-15 days and my college midterms examination is also in that 10 days so i am really confused about should i do mca from any college or take a drop year and prepare for it for nxt year and

Btw i also have a dream about study abroad specially in us though and i know that i am from a middle class family background i can’t go there without a full financial aid support i know some of u would say that take the education loan but I don’t even have a collateral to get that much big loan for us and I don’t know what should i do I’m really confused should take drop for abroad or mca in india or do mca from any college right now plz guys help me guide me to do the right things!!!!

So we have built software which pulls fresh UCC filings along with their owner / business details daily, we get like ~20k unique data every week across CA, NY, FL, PA, GA, CO, OH, AZ and a few more states.

So i am thinking of starting an automated subscription type DaaS website, where buyers could subscribe and they'd get fresh fillings every/day it'll be up to them how they wanna use it, they could filter as per states, lenders, and even enrich them with contact number for much cheaper.

Most existing UCC data providers only sell months old batches, cover only the top few states, or give you enrichment bundles you may not need.

So i just want genuine feedback how the product could do and what price point would be fair, Just trying to figure out if this is worth launching or if I should pivot.

Hey everyone,

Trying to grow our broker network right now and honestly just looking for some real advice. The ISO space feels like a total minefield lately with all the recycled leads, stacked files, and guys who ghost after sending one bad submission.

For the other funders/lenders in here, where are you actually finding clean writing brokers?

Are you guys having better luck at trade shows, or is it mostly just grinding out cold outreach online? Also curious if anyone has had success pulling reps from adjacent industries, like merchant services or equipment leasing.

Just want to know what's working to filter out the noise and find people who actually want to do clean business.

Drop a comment or feel free to shoot me a DM if you'd rather chat off the main thread. Appreciate any insights.

Exactly what the title says. Feel free to ask me anything and I’ll do my best to help based on my experience or at the very least point you in the right direction 🤝

I am able to generate business funding leads. For those leads who don't need an immediate loan, where do you place your LOC, Term and SBA clients? Everyone I run into is a lender network or portal. Are there any direct lenders for LOC, Term and SBA where I don't need to post to a portal or network? Or just post there and take what I can get?

We specialize in short-term, asset-based financing for properties located in 45 states nationwide, excluding North Dakota, South Dakota, Vermont, and Wyoming.

Financing Available For
Fix-and-flip projects
Ground-up construction
Rental properties
Commercial acquisitions
Program Guidelines
Minimum credit score: 600
Credit scores below 650 may qualify for up to 50% LTV
Credit scores of 650+ may qualify for up to 75% LTV
Typical approval time: approximately 1 week
Compensation structure: 2 points total, split evenly (1 point each)
Scenario Information Needed

Please provide the following information so we can review your scenario and determine the best financing options available:

Name of Grantor:
Property Address:
Property Type:
Number of Units:
Estimated As-Is Value:
Current Payoff Amount:
Number of Flipped Properties in the Last 3 Years:
Number of Rental Properties Currently Owned:
Monthly Rental Income:
Occupied or Vacant:
Annual Property Taxes:
Annual Insurance Cost:
HOA Fees (Monthly, if applicable):
Estimated FICO Score:
Purchase Date (if refinance):
Cash Available for Closing:
Cash Reserves After Closing:
Is/Will the Property Be Held in an LLC?
If yes, LLC Name:
Additional Documentation Requested

If submitting a full documentation file, please include:

Most recent 3 years of personal tax returns
Most recent 3 years of business tax returns
Personal Financial Statement
Supporting documents such as track record, rent roll, etc.

I help defaulting business owners restructure their agreements within 14 days of default.
I see myself as a collections asset for lenders.
Saving the cost of collections and getting payments back on track asap.
Why is this so taboo on the lender side?

Broker here. Direct lender preferred for this file: 300k in rev; 740 cs; 75k+ daily balances. Need a monthly here. SIC code is staffing unfortunately. Get at me if you can do this.

merchantsourced.com
Any questions feel free to ask or email us!

Here's the breakdown:

This entity was a holdco for internal AI app development so mostly no revenue. Recently switched business model to do consulting and product builds for other companies and started winning contracts.

Ask: $10k

Credit score poor

No rev in Jan or Feb but 32.5k mar, $19.5k April.

Total rev for the year with signed deals will be ~400k.

The funding is needed as I've been personally executing the work and we just won a $250k contract and need to bring on consultants to kick the project off.

Been working on this since Tuesday and have tried to be up front. I know this isn't a great file. Had a couple of deals reach signing but the ISO tried to hide the Jan Feb no rev situation instead of explaining it up front and the deals died in final UW.

Looking for funders who can work with a file like this knowing what it is up front. Very interested in funders who are willing to put in significant EPAs. Less worried about factor rate as I'm going to pay off whatever isn't paid in one sweep.

New to the lending side. Just got hit with some defaults now I’m curious out of ten defaulted deals what should I expect to recover and over how long?

Is 35% of each deal a safe bet or 75% of all 10 eventually a safe bet?

Looking for suggestions! I’m a sole proprietor with approx 25K in monthly revenue, in business since 2021. I’ve used a personal checking account the entire time, but finally opened a business checking account yesterday. Are there any MCA lenders that would use the data from my personal checking account for funding? Personal FICO8 is 614 on TU-not interested in giggle finance, Ualett, fundo or Cashera. TIA!

For MCA, collections, or funding operations teams:

When an ACH or wire hits the bank but the description does not clearly match the merchant/file/funder, who usually handles figuring it out?

Accounting?

Operations?

Collections?

A manager?

The broker?

Someone else?

And is there a set workflow for this, or is it usually manual detective work through the CRM, bank history, spreadsheets, emails, and notes?

Curious how this is handled in real shops.

Default For Helathcare

Wondering if lenders are seeing higher default rates for the healthcare industry due to the administration's crackdown.

I stopped lending to that industry right now...

I’m writing to see if cold email is still working in the funding space.

I’m currently working with a loan broker who does MCA and other funding programs. He’s a veteran and also a good friend of mine. I have a couple of experiences in an email marketing my job is generating leads and setting appointments, while he handles the calls and the rest of the process.

I send cold emails to high-net-worth individuals and high-revenue businesses, mainly targeting CEOs, Presidents, VPs, and other decision-makers only.

The thing is, the reply rate has been pretty low in this niche. After sending around 20k emails, we landed 2 high-potential clients, and 1 is currently converting right now.

What I’ve noticed is that volume really seems to be the game here. The more emails you consistently send if your targeting is right eventually you will get fresh leads. But it definitely takes time and patience and consistency.

I’m just curious how cold email is working for everyone else in 2026 especially in the funding/MCA space.

Any tips, strategies or advice would really be appreciated.

About 18 months ago, I used MCA to keep my business afloat.

Eight months ago, I was diagnosed with Alzheimer's. We closed the business and moved to be near a major hospital where I am treated.

I receive about 20 texts every day from MCA sharks, brokers, sales reps, assholes, etc. I block every number. The texts just keep coming. The offers are ridiculous and humorous. And, annoying as fuck.

Short of changing my phone number, what can I do?

I am not well enough to fight these solicitations in court. But, I may have to.

This is an old Reddit account that hopefully can't be traced.

These shops are running aggressive marketing campaigns across multiple different outlets.

These shops have connections at A paper funders paying $40,000+ a month to recently first position funded deals to fund their second positions.

These shops have team leaders on aggressive splits and residual terms that make them stay and train all the new reps.

These shops have aggressive hiring campaigns.

These shops have brokers that correct funders when funders miss something in the file

However, best of all, these shops have a relationship with funders that fit the box of their approvable files. BUILD THOSE RELATIONSHIPS. (disclaimer - I am a funder)

I work in merchant services and have been partnering with a few MCA shops to offer CC splits as a repayment structure on their deals. Merchant pays back through a percentage of card volume instead of fixed ACH pulls, which works really well for businesses with inconsistent revenue like restaurants, retail, contractors.

If you're a broker looking to place deals this way, I'm open to talking about how we can work together

Drop a comment or DM me

The 10 UDSA lenders identified in the announcement account for nearly half of the delinquent loans in the program, according to a USDA news release. The full list of lenders:

Bank of Montgomery (BOM) Bank

Byline Bank

Celtic Bank

Community Bank & Trust – West Georgia

Genisys Credit Union

Greater Nevada Credit Union

North Avenue Capital

Optus Bank

U.S. Eagle Federal Credit Union

ReadyCap Commercial