MPR Announces MCA DealMaker Lite 1.0
October 16, 2012By: Sean Murray
Need to calculate MCA split-funding deal terms on the fly? Still sending deals off to underwriters and waiting DAYS just to get preliminary figures? No need to anymore! Merchant Processing Resource has created a free web-based MCA split-funding deal calculator that will allow an agent, ISO, syndicate partner, or underwriter to prequalify merchants.
Features:
- Minimum of 1 month processing volume necessary to activate the calculator
- Customize your own factor rates
- Customize FICO score restrictions
- Customize Holdback percentage restrictions
- Select an offer and e-mail the preapproval to yourself or to an account rep, along with a list of documents needed, if any.
Instructions:
- Works only in Firefox, Chrome, and iPhone browsers. Internet Explorer is not recommended.
- The calculator will appear so long as at least 1 card volume field has a value. You must click the “get average” button
- Enter the DBA of the merchant and their FICO score. Default FICO score is 0, which restricts or “reds out” all offers
- Choose the maximum allowable holdback %
- Choose FICO score restrictions
- There are default factor rates programmed in. You can change them at your leisure
- Clicking a numbered button in the last row will e-mail that selected offer to the e-mail address you specified
- E-mail: sean@merchantprocessingresource.com if you discover inaccuracies!
Try MCA DealMaker Lite 1.0
This is a free application. Source code copyrighted by Raharney Capital, LLC. Accuracy is not 100% guaranteed. Use at your own risk. Please provide feedback!
- Merchant Processing Resource
http://www.merchantprocessingresource.com
Sean is the founder of Merchant Processing Resource, the co-founder of the Merchant Cash Advance forum, DailyFunder.com, the developer of the first Merchant Cash Advance industry iPhone app, and a moderator of both the Small Business and Entrepreneur communities on Google+. Learn more about his Merchant Cash Advance background on LinkedIn or follow him on Google+.
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