MCC has 24 month options?
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  1. #1
    The only funder I have seen go out to 24 months on occasion for premium or select business is new logic business loans. The next term closest to that is 18 months by a few funders like on deck and arf. Than you have some 15 mo terms at BFS. Most other companies are all under 12 mo terms or turns depend on product-

  2. #2
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by MCAVeteran View Post
    The only funder I have seen go out to 24 months on occasion for premium or select business is new logic business loans. The next term closest to that is 18 months by a few funders like on deck and arf. Than you have some 15 mo terms at BFS. Most other companies are all under 12 mo terms or turns depend on product-
    We received a 48 month option from ARF last month

  3. #3
    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?

  4. #4
    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

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