Term Loan (Not FC, Celtic Bank or Lending Club)
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  1. #1
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    Term Loan (Not FC, Celtic Bank or Lending Club)

    Merchant at Tail End of Funding Circle Celtic Bank and Lending Club Loans....

    Need a Different Provider of Term Loans

    Any Suggestions?

  2. #2
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    Use real estate, there are many lenders

  3. #3
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    Fundation. If you can't get approved with them, I can help.

  4. #4
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    Quote Originally Posted by Christian View Post
    Fundation. If you can't get approved with them, I can help.
    I think the Volume is Just Under for Fundation

  5. #5
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    Quote Originally Posted by ryan $ View Post
    Merchant at Tail End of Funding Circle Celtic Bank and Lending Club Loans....

    Need a Different Provider of Term Loans

    Any Suggestions?
    Same suggestion - utilize their real estate - and why do they think they qualify for better terms than a bank?
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  6. #6
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    Quote Originally Posted by Yankeeman07 View Post
    Same suggestion - utilize their real estate - and why do they think they qualify for better terms than a bank?
    Who said anything About them qualifying for better terms than a bank? Who said anything about terms?

    He is at end of current loans, needs another loan/payoff and new loan. Thats it.

  7. #7
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    Quote Originally Posted by ryan $ View Post
    Merchant at Tail End of Funding Circle Celtic Bank and Lending Club Loans....

    Need a Different Provider of Term Loans

    Any Suggestions?

    Have him go to a local bank... If they can perfect a lien in the event of a default- they will do it.. Will need strong earnings, FICO, and collateral.. Charge client a separate consulting fee to assist

  8. #8
    Senior Member Reputation points: 5036 DiamondBL's Avatar
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    Depending on state - Lendistry
    Jonathan Kohanoff
    B.R.E. #01962090

    Diamond Business Loans
    Beverly Hills, CA 90211
    jon@diamondbl.com
    www.DiamondBL.com

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