SBA Transportation Loans
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  1. #1
    Senior Member Reputation points: 6585
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    SBA Transportation Loans

    Have a customer who has an MCA and should qualify for SBA express 150. The 4 SBA Lenders I work with have stopped all transportation Loans.

    Who is doing SBA Transportation.


    Mike

  2. #2
    Senior Member Reputation points: 71496 Olderguy's Avatar
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    Sep 2021
    Location
    Irvine, CA
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    Try Cadence Bank. Direct might work. They will look at cash flow. Different program.

    You can also access them through SmartBiz (7A) but SmartBiz might reject it due to the industry without moving it further.
    Last edited by Olderguy; 05-07-2024 at 07:30 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
    Member Reputation points: 28
    Join Date
    Nov 2015
    Location
    Long Beach, CA
    Posts
    54

    Check us out at Lendistry.com

    Transportation not restricted. For our SBA loans
    Al Williams III
    VP Business Dev Officer
    O: 213.582.8215
    albert.williams@lendistry.com

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