To generate MCA leads The qualifications criteria i maintain.
1 : In business minimum 1 year.
2 : Makes minimum 15k in monthly revenue
3 : Client has a legitimate business and ability to pay back loan.
4 : No business checking account equals no loan, They always need to have business processing account for their businesses.
5 : I ask about bankruptcy, If they have any bankruptcy in last 3 years, not qualified.
6 : Credit score 600 or above.
7 : Email / fax
8 : Do they have any Existing loan or not
Ø Good-Bad credit ok
Ø No collateral needed
Ø Length of time in business (6 months ok)
Ø Tax returns (on a case by case basis)
Ø Fast Funding (2-3 business days)
Ø Payback terms up to 36 months.
Price varies for additional requirements.