Book
MCA leads by industry

MCA leads for independent auto dealers.

A vertical where the prior lien is almost always the deciding factor.

Typical monthly revenue
$80K–$700Kgross, with margin a small fraction of it
Typical advance
$25K–$100K
Exclusive, per lead
$60

directional figures · every exclusive lead is over $30,000 a month in revenue and requesting over $15,000

Underwriting independent auto dealers.

What underwriters look at

  1. Floor plan financing is a prior secured position over inventory. It rarely appears as an MCA position and always matters, so it has to be asked about directly.
  2. Gross deposits are enormous relative to profit. A dealer banking $400,000 a month may earn $40,000 of it, which makes a holdback set off gross receipts dangerous.
  3. Buy-here-pay-here dealers hold their own paper, so their receivables are consumer notes with their own default profile rather than cash from sales.
  4. Title and registration flows move money through the account that belongs to the customer or the state, not the dealer.

Why deals die

  • Floor plan facilities with blanket coverage over inventory
  • Gross-to-net gaps that make the holdback unserviceable
  • Buy-here-pay-here portfolios with unclear collection performance
  • Licensing or bonding issues surfacing in diligence

Funder appetite.

Narrow and specialist. A minority of funders write this vertical properly; the rest either decline it or price off gross revenue in a way that produces a deal the dealer cannot carry. Knowing which desks genuinely take auto dealers is most of the value on these files.

Whatever the industry.

All exclusive leads meet the following criteria

  • Over $30,000 a month in revenue
  • Requesting over $15,000
  • One year or more in business
  • 600+ credit score
  • No previous defaults
  • Under 5 positions
  • U.S.-based
  • Mobile verified by 6-digit code

A lead that misses any one is never sent and never billed.

By industry.

All industries →

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