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Rapid Capital Funding
Aug 31, 2021 2:00 PM
Rapid Capital Funding
$100mm of MCA nationwide portfolio directly from Originator
Debt portfolio sales points
Directly from Originator
Imaged documents
Merchant Cash Advances
Last 12 months cash flow $1mm
Top 3 states - FL, CA, TX
Winner pays license fee
Debt portfolio stats
Total debt:
$
100743651
Median debt:
$
13887
Average debt:
$
28399
Number of accounts:
4472
Average charge off date:
April 3, 2017
Product type:
Opening price: $
1608670
Opening price (% of Total debt):
1.6
%
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