Activity Stream
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Older Activity
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Yesterday, 10:19 PMIm sure everyone is well aware of ARF and Headway
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Yesterday, 11:34 AMMissouriBroker1 replied to a thread Which lenders does equipment financing deals for individuals ? in All Other LendingI have a lender that will provide financing based on a personal bank account as long as the income is generated from a business. I also have a lender for vehicles, planes, RV's, boats, etc. that can be made to individuals but the minimum amount is $250,000 for that one.
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Yesterday, 11:12 AMNickHubbard replied to a thread Short term bridge loan backed by SBA loan commitment in All Other LendingNo problem!
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Yesterday, 01:33 AMI have a lender who specializes in restaurants and can fund this. They only need your Equifax credit score(min.551), monthly income from 3-4 months of bank statements. No upfront fees whatsoever. If interested, fill out the short, non obligation submission form at: www.cg-consultant.com You will then be contacted by phone at your convenience. No hard sell. Just straight talk. Also lenders can also offer you a revolving Line of Credit
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Yesterday, 01:27 AMI have lenders that can fund this. They only need your credit/FICO score, monthly income from 3-4 months of bank statements. No upfront fees whatsoever. If interested, fill out the short, non obligation submission form at: www.cg-consultant.com You will then be contacted by phone at your convenience. No hard sell. Just straight talk. Also lenders can also offer you a revolving Line of Credit
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03-14-2025, 10:27 PMStmthom replied to a thread funders beware of thor funding- Harris russell- part of a loc scam ring in Merchant Cash AdvanceI’m a merchant and received an email from Jacob Greene as well. I knew it was a scam but googled him and came across this post. Looks like he’s still out there. Find the proposal details below: * Proposal Amount: 190.000 * Total Payback: 226.100 * Payment: 3,768 * Payment Schedule: Monthly * # Of Payments: 60 Are you interested in moving forward with the above approval? P.S. You can reply with 'not interested' & you will not receive any further emails from our team. Warm Regards, Jacob Greene Quick Capital Solutions Capital Advisor NY The email came from: jgreene@fundrisepro.com
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03-14-2025, 10:24 PMMagicmike18 started a thread Celsius avoid at all costs straight up scammers in Merchant Cash AdvanceHave a client based out in South Carolina who I funded recently who got scammed by this group Celsius and has statements to prove it. Was told he was getting a line of credit and all he had to do was wire money to them to “Release the line” and he went ahead being very naive wired them $27,000 and never heard back from them ever again. No funding, no money back, absolutely nothing and they cut off all communication to him. I see they’re on the Predatory lender list already but this is another cautionary tale to avoid them.
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03-14-2025, 06:51 PMOlderguy replied to a thread If SBA loan declines a merchant, is there a term loan with less requirements ? in Business LoansIs his Fico 700+? Get personal tax return we can look and personal loan? Does he have equity in his primary residence? I can look at a first or second mortgage there. Be aware if there are payment issues on his bank statements, it isn't likely any asset based lender would ignore that.
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03-14-2025, 06:50 PMgreg replied to a thread If SBA loan declines a merchant, is there a term loan with less requirements ? in Business LoansHi Steve, The merchant had just asked me . Assets ? Are you referring to business and personal or just business ?
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03-14-2025, 06:48 PMgreg replied to a thread If SBA loan declines a merchant, is there a term loan with less requirements ? in Business LoansThanks Steve for your response. All right, I'm going to fine comb his bank statements and get a list of his assets and respective values. And get back to you ... I'll check for nfs, ending balances , along those lines. this way , you can determine the possibilities with more info...
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03-14-2025, 06:39 PMOlderguy replied to a thread If SBA loan declines a merchant, is there a term loan with less requirements ? in Business LoansIf the bank statements don't look good may be an issue. All we can do is investigate.
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03-14-2025, 06:26 PMgreg replied to a thread If SBA loan declines a merchant, is there a term loan with less requirements ? in Business LoansI'm sure merchant has some assets, I will findout directly from merchant. Also I'd just remembered that he missed two payments (Jan and Feb) on that seller financing private loan. Is that considered a loan default ?
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03-14-2025, 06:24 PMOlderguy replied to a thread Which lenders does equipment financing deals for individuals ? in All Other LendingNeed to file sole prop or dba. Why not just get a personal loan if Fico is 700+ and has income? Probably better loan too.
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03-14-2025, 06:16 PMOlderguy replied to a thread If SBA loan declines a merchant, is there a term loan with less requirements ? in Business LoansYUP - cash flow and debt service. Debt is over 10% of revenue Does he have any assets? Give me a call....there are other financials instruments I can try....just have to ask some questions.
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03-14-2025, 06:14 PMgreg started a thread Which lenders does equipment financing deals for individuals ? in All Other LendingHi Dailyfunding Team, I have a unique request. Do I have lenders who does equipment financing for persons, meaning without companies ? the equipment units will be $ 50k or less ...
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03-14-2025, 06:08 PMgreg replied to a thread If SBA loan declines a merchant, is there a term loan with less requirements ? in Business LoansThanks Steve for responding. I'd went through Smartbiz loan portal. This is their response in their portal; Declined Insufficient cashflow and ability to repay all business and/or personal debts. Is there any wiggle room here for you and I to hop on the phone and discuss further ?
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03-14-2025, 05:57 PMTry Balboa Capital. Should be in the 7.5 -8.5% range as long as the credit is decent. Freddy Jalilvand, CLFP Balboa Capital, A Division of Ameris Bank | Program Manager 575 Anton Blvd Suite 1080| Costa Mesa CA 92626 (D) 949.553.3408 | Freddy.Jalilvand@balboacapital.com Tom Harrier
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03-14-2025, 05:55 PMI second Scott from TMRNow on this one. He's funded auto for us.
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03-14-2025, 04:55 PMVikingFunding replied to a thread Looking for an MCA collections agency based in FL. Any Suggestions? in Merchant Cash AdvanceTriton has been great to us also. Highly recommend Jake Kelley Viking Funding www.vikingfunding.com 754-704-9109
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03-14-2025, 03:38 PMThen why is it a non profit? I might be able to do this then.
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03-14-2025, 03:27 PMIndustry will drive advance rates. Staffing will get to 95%-97%. I have some trucking clients getting 98% but they have long relationships with factors and customers. Rates will vary by industry and advance as well. I have a trucking company paying 1.1% for up to 60 days right now. Another paying 1% for 21 days, 2% for 21-30, 2.5 for 30-45, 3.5 45-60, charged back at 60.
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03-14-2025, 03:20 PMI have done a couple lately with United Capital Funding and it was 2% a month. 85% to 95%
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03-14-2025, 02:44 PMHey Konrad we learn something new everyday! Soon enough I will learn the right subforum to post in fingers crossed!
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03-14-2025, 02:37 PMI do a lot of owner operator deals and now have some of the companies they work with coming to me. Problem is I don't have any lenders set up for prime financing. Any idea where to take profitable (normally specialty) trucking companies for a $500k purchase with prime rates?
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03-14-2025, 02:34 PMWhat is the average lending percentage against invoices?
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03-14-2025, 02:07 PMwild that you got a verified account and still dont know what subforum to post in....
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03-14-2025, 01:50 PMAre you a direct lender? What is your contact Info? Mike
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03-14-2025, 01:43 PMUntil now.... New verified account!