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All Forum Posts by: Ernesto Pinedo

Ernesto Pinedo has started 2 posts and replied 4 times.

@Donggie Hong maybe consider calling your local merchant cash advance company and ask if they are taking partners/participants. I parked my real estate reserves there and receive monthly checks for that money since September 2020.

@Kevin Lanphear

I have the same problem. Money sitting in the bank. I am considering merchant cash advance. Monthly returns and short term but I am still looking for opinions, someone that has experience with this.

Hello BP, I am a  buy and hold investor in Florida. I have heard great things about this community and look forward to networking and providing value. I would like to know if anyone has experience with merchant cash advances as a participant. They are offering what equates 10% returns on the money I put in. I gave it a try and so far I have been paid on time, next month is my last month where the initial amount will be returned along with the profit. Analyzing the re market I would rather leave my money working instead of opting out but would like to know if anyone has experience with merchant cash advance investments.

Thanks

Post: Merchant Cash Advance as Investment

Ernesto PinedoPosted
  • Posts 4
  • Votes 1

Hello BP, I am a  buy and hold investor in Florida. I have heard great things about this community and look forward to networking and providing value. I would like to know if anyone has experience with merchant cash advances as a participant. They are offering what equates 10% returns on the money I put in. I gave it a try and so far I have been paid on time, next month is my last month where the initial amount will be returned along with the profit. Analyzing the re market I would rather leave my money working instead of opting out but would like to know if anyone has experience with merchant cash advance investments.

Thank you.