Bi-weekly Payment or Monthly ??
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  1. #1

    Bi-weekly Payment or Monthly ??

    Anyone doing those?

    Have a solid A paper renewal but does not want to stay with their current Weekly Payments and would like Monthly.

    I cant think of anyone..

    Thanks

  2. #2
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    LoanMe
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    Breakout Bi Weekly....

  3. #3
    Business Backer does bi weekly on a lot of their approvals, they charge one point though.

  4. #4
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    Quote Originally Posted by ryan $ View Post
    LoanMe
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    Breakout Bi Weekly....
    Unless requested, our loans are almost always monthly or weekly pay. Certain scenarios will offer bullet or staggard repayment (typically require collateral)
    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

  5. #5
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    I would say the majority of paper that floats around the mca space does not qualify for bi weekly or monthly. like ODC said during an economic downturn, it was the daily remittance model that saved their ass.

  6. #6
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    Quote Originally Posted by microboby View Post
    Anyone doing those?

    Have a solid A paper renewal but does not want to stay with their current Weekly Payments and would like Monthly.

    I cant think of anyone..

    Thanks
    SBA Loan if they qualify -
    125k - 7.25% at $1467/mo
    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

  7. #7
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    Orange Advance will 2x per week payments and weekly payments.
    Isaac N Mizrahi
    ISO Relations Manager | SPG Advance, LLC
    Office: 212-225-8279
    Mobile: 323-617-1397
    Email: Isaac@SPGAdvance.com
    www.SPGAdvance.com

  8. #8
    American Microloan will do bi-monthly payments. As long as banks are clean, credit is 620+ and there aren't huge tax liens, you know the routine.

  9. #9
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Quote Originally Posted by ryan $ View Post
    LoanMe
    Fundation
    Metrix/Solve
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    Property?
    Term Loan

    Breakout Bi Weekly....
    Does LoanMe offers monthly only for A paper?
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  10. #10
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    Quote Originally Posted by patrickw View Post
    Does LoanMe offers monthly only for A paper?
    LoanMe is always monthly for everyone.

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