This is a real offer someone sent me that their client is getting offered from Stripe Capital. Even though its a loan by their legal categorization, it works just like an MCA. If you do the math it's basically a 1.121
Your thoughts?
top of page
Comments (9)
bottom of page
After pondering my thoughts and 2cents worth, others that worked for Kapitus or Fora in the past would carry more weight with their comments than myself because they are or were (in-house) Just possibly, Stripe may have a controlled business arrangement with very specific "A" rate buy rates for a 1.121 FR. That buy rate Stripe receives could also be the sell rate with a very small layer of profit, but if the volume dictates as I'm sure it does, Stripe makes origination fees or collects a fee in addition to performance fees as the MCA seasons with timely payments from that client. Then again, Stripe is so large and voluminous with MCA funding volume, that they risk manage in-house all credit grade MCA's. Sure with all the talent in our marketplace, the correct answer will appear. Also, hat off to Shane as one of the sharpest in our industry with business and pure commonsense creativity. Heard all good things about Shane.