7(A) Bolt Loan
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  1. #1

    Lightbulb 7(A) Bolt Loan

    Anyone know of any banks/brokers still providing the 7a Bolt loan? I have a client I've funded a decent amount of MCAs for that is looking to get into some SBA products. I'm working on a direct 7a currently, but was looking into the bolt product and seems like it's pretty solid for his current needs. Give me a call at (502)909-4136 if you can help out. Thanks

  2. #2
    Senior Member Reputation points: 70218 Olderguy's Avatar
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    Have you checked with Credit Bench? Been a while since I did a Bolt with them. Also check SmartBiz

    Credit Bench:

    Thank you for your submission! We’ve recently updated our referral partner program and need all brokers to complete the onboarding items located here – https://www.bayfirstfinancial.com/bu...artnerprogram/

    We also have a new broker portal where you can manage all of your submissions to the Bolt loan program. Our experts @Diane Espenan and @Robyn Wray can help onboard you there, after you’ve completed the onboarding items above.

    Let us know if you have any other questions.

    Thank you,

    Kiril Dimov​
    SVP, Director of Small Business Loan Program
    Office: (727) 399‑5671
    700 Central Ave
    St. Petersburg, FL
    33701
    Kiril@CreditBench.com
    Last edited by Olderguy; 04-09-2024 at 05:14 PM.
    Steve Benjamin
    Professional Business Loans

    522 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  3. #3
    Quote Originally Posted by Mikefunds View Post
    Anyone know of any banks/brokers still providing the 7a Bolt loan? I have a client I've funded a decent amount of MCAs for that is looking to get into some SBA products. I'm working on a direct 7a currently, but was looking into the bolt product and seems like it's pretty solid for his current needs. Give me a call at (502)909-4136 if you can help out. Thanks
    Bolt is just BayFirst Bank's marketing for their expedited small dollar SBA loan program. Anyone you see talking specifically about a Bolt loan is either directly or indirectly funneling you back to BayFirst. It's not an SBA program itself, which seems to escape many people.

    As far as expedited SBA loan programs, many banks offer them using a variety of marketing terms. In one of the banks I worked for previously they were called Scored loans (For example).
    Last edited by Incbiz440; 04-10-2024 at 05:10 PM.

  4. #4
    Senior Member Reputation points: 4457
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    LoanBud offers upto $350K Fast Track SBA Loan.
    I tried to add web link, wouldn't work.
    Shannon Harris
    Funding Specialist
    888-705-8818 phone
    239-790-2664 fax
    Shannon@StellarBusinessFunding.com
    www.stellarbusinessfunding.com

  5. #5
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    Quote Originally Posted by Mikefunds View Post
    Anyone know of any banks/brokers still providing the 7a Bolt loan? I have a client I've funded a decent amount of MCAs for that is looking to get into some SBA products. I'm working on a direct 7a currently, but was looking into the bolt product and seems like it's pretty solid for his current needs. Give me a call at (502)909-4136 if you can help out. Thanks
    Copy of email Bay First sent out 10/23

    https://bayfirstfinancial-4899688.hs...ource=hs_email
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

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