I have the opportunity to continue my career as an owner instead of a salaried employee, syndicating with my former company. See http://dterm.com/funding
A startup Merchant Cash Advance (AR Factoring) venture. An MCA is a short term (3-15 months) cash advance for businesses based on sales and ability to pay. Factor rates range from 1.18 to 1.50. We are repaid either by a daily, fixed dollar amount, or by a % of daily credit card batches. Our primary function will be sales, syndication with an existing Funding Company to take advantage of their industry leading underwriting & loan servicing team.