Check out our Application Only Program!
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  1. #1
    Member Reputation points: 10
    Join Date
    Jan 2015
    Location
    Newport Beach
    Posts
    60

    Check out our Application Only Program!

    We have had a lot of success with our Application Only Program!

    Here are our App Only Program guidelines up to $150k:

    (Remember, we only need a METRIX application and quote for equipment only!)

    With PG:
    FICO score of 680+
    3 years time in business.
    We will run a D&B and Paynet and look for comparable credit/borrowings
    Paydex of 65 or better
    We check availability and look for derogatories.

    Without PG:
    5 years time in business
    Review of D&B and Paynets.


    GREAT RATES!

    Will pay up to 4 points for referred business.

    Loans only. No leases as we are not a residual player.

    All industries including:

    Medical (We have an App Only program for Medical professionals up to $250K)

    Material handling
    Construction
    Etc.

    Email: Harrison@metcapgroup.com for more info!

  2. #2
    Senior Member Reputation points: 18328
    Join Date
    Oct 2013
    Location
    Designer
    Posts
    568

    Interesting program. How can you lend with a Paydex of 65, below 75 is generally considered a negative score. Do all your deals require C or S corp status?





    Quote Originally Posted by Harrymetrix View Post
    We have had a lot of success with our Application Only Program!

    Here are our App Only Program guidelines up to $150k:

    (Remember, we only need a METRIX application and quote for equipment only!)

    With PG:
    FICO score of 680+
    3 years time in business.
    We will run a D&B and Paynet and look for comparable credit/borrowings
    Paydex of 65 or better
    We check availability and look for derogatories.

    Without PG:
    5 years time in business
    Review of D&B and Paynets.


    GREAT RATES!

    Will pay up to 4 points for referred business.

    Loans only. No leases as we are not a residual player.

    All industries including:

    Medical (We have an App Only program for Medical professionals up to $250K)

    Material handling
    Construction
    Etc.

    Email: Harrison@metcapgroup.com for more info!

  3. #3
    Member Reputation points: 10
    Join Date
    Jan 2015
    Location
    Newport Beach
    Posts
    60

    We consider 65 an average paydex score. We prefer S, C or LLC, but will consider sole props as well.

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