[1Loanguy]

Client has two MCA's totaling 192k, paying out 20k per month. Want to refinance into an 18-24 month loan (don't they all)
Anyone not names Breakout, Quarterspot that would look at this without requiring a 50% net?

Client just funded an SBA loan and this was the only thing not included in that Loan.

Good credit, a lot of inquiries.
175-200k month deposits

[Ultimatecloser]

I can take a look at it. May have a hybrid type for it.

[sigmundpannu]

Which SBA lender funded his loan with out paying off a high frequency loan? His profitabllity must be absolutely incredible in order to support a cash advance with the SBA DSCR requirements.

[johndough17]

Client has two MCA's totaling 192k, paying out 20k per month. Want to refinance into an 18-24 month loan (don't they all)
Anyone not names Breakout, Quarterspot that would look at this without requiring a 50% net?

Client just funded an SBA loan and this was the only thing not included in that Loan.

Good credit, a lot of inquiries.
175-200k month deposits

How much is he doing a month and who are the funders, what's industry? PM me that and I might be able to recommend a good funder for this deal, but it'll be 12-18 months, unless you're going for a term loan

[WestCoastFunding]

Which SBA lender funded his loan with out paying off a high frequency loan? His profitabllity must be absolutely incredible in order to support a cash advance with the SBA DSCR requirements.

Yeah, something doesn’t add up.

[RichardGerard]

Which SBA lender funded his loan with out paying off a high frequency loan? His profitabllity must be absolutely incredible in order to support a cash advance with the SBA DSCR requirements.

Make an excellent point- however if the business had a separate operating account and the Funder did not file a UCC, the SBA would not have known about the other facility.

[RichardGerard]

JohnDough is right: the details of the business type, the balance sheet assets, what the SBA lien includes and other details (owners FICO, NOI on 17 P and L etc.) will determine the best option.


www.businesscapitalconsultants.com

[WestCoastFunding]

Make an excellent point- however if the business had a separate operating account and the Funder did not file a UCC, the SBA would not have known about the other facility.

Possible but still hard to believe. I’d like to see the timing of the 2 advances and the SBA loan. When did each fund?

[ryan $]

IOU - Slim Chance

[Wayne Lawson]

Hey! My name is Wayne with GuardiangLendingGroup we focus on MCA and credit card split. Because there is a processor involved I can get c, d, e paper funded.

see below what we typically look for:

MCA

• Funding 10-​500​​k
​• ​1st and 2nd positions
• ACH, CC split and lockbox (we split with the top 10 processors
​• ​Daily, weekly​ remits
• Renewals / refi's start at 50% paid off
• ​Solid ​underwriting / offers ​- 1-4 hours
•​ Same day funding on most small / medium files
• ​Soft credit pulls​

email me! wayne@guardianlendinggroup.com

Wayne Lawson • Marketing Director
Guardian Lending Group | 204 25th street suite 204 | Brooklyn, NY 11232
D: 917-921-4741 | F: 347-662-3059 | wayne@guardianlendinggroup.com

[ryan $]

Hey! My name is Wayne with GuardiangLendingGroup we focus on MCA and credit card split. Because there is a processor involved I can get c, d, e paper funded.

see below what we typically look for:

MCA

• Funding 10-​500​​k
​• ​1st and 2nd positions
• ACH, CC split and lockbox (we split with the top 10 processors
​• ​Daily, weekly​ remits
• Renewals / refi's start at 50% paid off
• ​Solid ​underwriting / offers ​- 1-4 hours
•​ Same day funding on most small / medium files
• ​Soft credit pulls​

email me! wayne@guardianlendinggroup.com

Wayne Lawson • Marketing Director
Guardian Lending Group | 204 25th street suite 204 | Brooklyn, NY 11232
D: 917-921-4741 | F: 347-662-3059 | wayne@guardianlendinggroup.com

Here we go.