Lenders with Longer Terms with and w/o net new money.
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  1. #1
    Member Reputation points: 31
    Join Date
    Apr 2017
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    Orange County, CA
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    90

    Wink Lenders with Longer Terms with and w/o net new money.

    I am looking for recommendations about or information from Lenders that have 18-24 months, longer is possible. I have a constant influx of clients looking to move 150k deals from 9-12months from standard lenders and are experiencing payment fatigue.

    Typically they are a term loan declines so its all about lowering their monthly payment and varying degrees of interest in getting more funding.

  2. #2
    Senior Member Reputation points: 12169
    Join Date
    Jul 2015
    Posts
    168

    We can go out to 18mo with weekly and biweekly payments for true A-paper. Support@lendvo.com .

  3. #3
    LoanMe could be a fit here. Our monthly payment term loans are amortized over 2-10 year terms offering lower minimum monthly payments.
    LoanMe Business
    949-535-7798
    Email: Business.Loans@LoanMe.com




    www.loanme.com/SBL-partner
    1900 S State College Blvd. Suite 300
    Anaheim, CA 92806

  4. #4
    Member Reputation points: 76
    Join Date
    Apr 2014
    Location
    Houston, Tx
    Posts
    30

    We specialize in 12-18 month terms with weekly payments.
    Bank loans, not an MCA.

    llott@arffinancial.com
    Lauren Lott
    ISO Business Development
    ARF Financial, LLC
    281-538-8311 ext. 2110

  5. #5
    Senior Member Reputation points: 24139
    Join Date
    Apr 2014
    Location
    Washington DC
    Posts
    421

    Absolutely. If it's a balance transfer of one position (meaning net zero) and only position is an a paper lender, we'll go up to 24 months and up to 250k.

    We have no net requirements unless stacked deal then max 100k. But we've been sucking up a ton of can paper at better terms (and bulk of our offers are weekly or monthly).

    So for those that either have guys with the troubled lenders (e.g. Can, BizFi, etc) or want longer terms, call us up. As the industry is going away from Long term paper, we are funding more 18 to 24 month products than ever before, many with a monthly payment option.
    Carl Fairbank
    Founder & CEO boldMODE
    www.boldmode.com
    Carl@boldmode.com
    Founder & former CEO of Breakout Capital (sold to SecurCapital in 2019)
    www.breakoutfinance.com

  6. #6
    Senior Member Reputation points: 18402
    Join Date
    Apr 2014
    Posts
    781

    Carl's product is phenominal.

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