Running a Merchant Cash Advance Business is very challenging for many reasons: you get to deal with small businesses, participants, and brokers. There is nothing easy about it. So, what does it take to run a successful MCA? In this post, four factors that are vital contributors to success. 1. Leads Without a doubt, getting …
Over the years, Miami has positioned itself as a magnet for startups and technology companies around the world. According to the U.S. Census, County Business Patterns, 2015, almost all businesses in Miami-Dade are Small Businesses. In fact, 98,2% of Miami’s businesses have less than 100 workers, and 81,3% of them employ less than 10 people. …
Miami: the new Silicon Valley, future paradise for MCAs? Read More »
The economic impact of coronavirus is myriad and widespread. The full impact of job losses and halted economic activity has yet to be observed in many specialty financial assets’ credit performance. When revenues and incomes are disrupted, both consumers and businesses often prioritize which debt to pay off first. They may not be willing to …
Major factors that are driving growth in the MCA Industry Read More »
