MCC has 24 month options? - Page 2
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  1. #26
    Senior Member Reputation points: 3217 CO1's Avatar
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    48 months? Can someone explain this to me.

  2. #27
    Senior Member Reputation points: 3217 CO1's Avatar
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    hey

    Quote Originally Posted by Chambo View Post
    We received a 48 month option from ARF last month

    Can you give more details about this?

  3. #28
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by CO1 View Post
    Can you give more details about this?
    What more is there to tell you? they sent us an offer sheet with a 12, 24,36,48 and a 60 month option.

    Now whether or not it funds is a different story...but they made the offer

  4. #29
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    MCC has 24 month options?

    I get that part. But ARF stands for an what kind of deal was it? I don't want all the facts.

  5. #30
    Veteran Reputation points: 135672 Chambo's Avatar
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    Advanced Restaurant Finance. they do bank loans through Bank of The Internet. they used to use Venture Bank out of Florida

  6. #31
    Senior Member Reputation points: 3217 CO1's Avatar
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    Thank You Sir.

  7. #32
    http://www.missionvalleybank.com/pdf/mvb_ar09.pdf

    Page 21- banks have to list all outstanding loan receivables- did they cutoff this bank to?

  8. #33
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    ARF ISNT DOING 12, 24,36,48 and a 60 month option! I NEED A HOME LIKE THIS, DOES ANYONE KNOW ANYONE WHO GOES OUT THIS FAR!?

  9. #34
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    MCC will go out 15 for premium deals and Ondeck also..

  10. #35
    Senior Member Reputation points: 903 Scott Williams's Avatar
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    Ondeck will go out to 18 months but I have only seen New Logic do 24 months on renewals. Not on first time loans.

  11. #36
    Senior Member Reputation points: 3217 CO1's Avatar
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    395 to set up with OnDeck now.

  12. #37
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by CO1 View Post
    395 to set up with OnDeck now.
    What? They are charging you a fee to sign up with them?

  13. #38
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    Yeah, They are charging 395.00 to set up with OnDeck now, upfront!

  14. #39
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
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    Quote Originally Posted by Chambo View Post
    What? They are charging you a fee to sign up with them?
    They've had this for a while now.

  15. #40
    Senior Member Reputation points: 3217 CO1's Avatar
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    My rep. used to be Colleen

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