[CLucas]

https://nationalcorporatecredit.com/ is doing 5 to 7 year term loans rates range from 5 to 14 percent. Please PM me for more details matt@creativebsolutions.com

[brokerCompany]

Dont they do this through couple of different banks..

[shopitout]

Breakout Capital. Tough qualifications though:

-2 year term
-650+ credit score
-12 months banks
-No MCA balances last 12 months
-Average daily ending balance 8-10% of monthly revenue
-No negative days, no NSF's

Way I see it. Worst case they get declined and receive a 1.15-1.20 buy

[Sachip24]

Breakout Capital. Tough qualifications though:

-2 year term
-650+ credit score
-12 months banks
-No MCA balances last 12 months
-Average daily ending balance 8-10% of monthly revenue
-No negative days, no NSF's

Way I see it. Worst case they get declined and receive a 1.15-1.20 buy

with these qualifications why wouldn't they go right to a bank?

[ssafirstein]

Breakout Capital. Tough qualifications though:

-2 year term
-650+ credit score
-12 months banks
-No MCA balances last 12 months
-Average daily ending balance 8-10% of monthly revenue
-No negative days, no NSF's

Way I see it. Worst case they get declined and receive a 1.15-1.20 buy

Couple points of clarification on our term loan products:

- We offer term loans up 24 months with weekly or monthly repayment options (we can do daily if customer wants too).
- Our minimum FICO requirement is 600 (650 for monthly deals); a 24 month term is of course going to require a better FICO score (typically 700+)
- A customer can have up to two MCAs/loans and up to $100k in balances that we will buy out (no net requirement)
- The total monthly debt service ratio (including LOCs staying in) can be as high as 15% on a 6 month deal and 10% on a 12 month or longer deal (usually target 7% on 18-24 month terms)
- A customer can have up to 3 negative days in the most recent month and up to 9 over the last 3 months
- Our buy rates range from 1.25 to 3 pts a month with the best 24 month buy rate at 1.31x

If you have any additional questions regarding our product, please feel free to reach out to me or Zain (zmuzammal@breakoutfinance.com)

Steven Safirstein
Vice President of Sales & Head of ISO Relations
Breakout Capital Finance, LLC
6862 Elm Street | 3rd Floor | McLean, VA 22101
O: 703.852.6013 | steven@breakoutfinance.com

[Sachip24]

https://nationalcorporatecredit.com/ is doing 5 to 7 year term loans rates range from 5 to 14 percent. Please PM me for more details matt@creativebsolutions.com

don't they only do personal term loans, fico must be 700+ across the board, personal tax returns with very low dti to get higher amount max out 300k...although my rep there told me he's never seen them put out max funding out on one loan.