[Sachip24]

I know term loans are hard as it is. Can anyone do actual term loan for a pawn shop? getting declined lenders see it as a finance company.

[Nunya]

lenders see it as a finance company.

Isn't it?

[Christian]

I think I can. Terms would be ugly though. Super high rate.

[RichardGerard]

If the entity is profitable and the guarantor credit solid- I can arrange it as a term loan


rg@businesscapitalconsultants.com

[bgibbsfastadvance]

Hey,


How much did they actually need? Are they willing to pay back daily or weekly? The best I could do for monthly is have them pay a small interest payment daily and one lump sum payment monthly. would this work for them? Shoot me an email and we can discuss, bgibbs@fastadvancefunding.com

[LoanMe_PN]

I know term loans are hard as it is. Can anyone do actual term loan for a pawn shop? getting declined lenders see it as a finance company.

LoanMe funds all "For-Profit" industries, pawn shops included. We offer simple interest term loans from $3,500 to $250,000. With loan terms ranging from 24 to 120 months, we have the ability to offer larger loan amounts with monthly payments based on affordability of our minimum monthly payment. Where other lenders typically max their approval amount at average income/deposits, we focus in on average daily balances and are less concerned with revenue.

Your file would be a good fit for LoanMe. Please give us a call at (949) 535-7798 or email us at business.loans@loanme.com


LoanMe Small Business Loan Highlights:

•Broad Business Types: LoanMe does not have a restricted merchant list. We welcome all “For-Profit” businesses. From traditional retail stores to online and home-based businesses, LoanMe can fund them all*. The business must be opened for a minimum of 90 days with an active business bank account and the owner must have a 500+ FICO.

•We Lend Businesses More: Based on affordability; with lower monthly payments and longer terms, Businesses can typically afford Higher Loans with LoanMe. Loan sizes range from $3,500 to $250,000. Just 25% minimum ownership requirement for the applicant signing the PG; means more chances for the business to get a offer that works for them!

•Affordable Payments: Loan terms from 24 to 120 months make the monthly payment lower and more affordable. With fixed monthly ACH payments, borrowers no longer have to worry about daily or weekly re-payment schedules.

•No Pre-Payment Penalties: Businesses can pay off as soon as they’d like, allowing them to save on interest controlling their total cost of capital and renew faster.

•Same Day Funding: Best of all, these loans can be funded in as soon as 2 hours! ** Now that’s fast funding!

•LoanMe Partner Portal: Get status updates when you need them. LoanMe’s partner portal displays the information you need on the leads you submit. Track and submit New Leads all through the simple to use LoanMe Partner Portal. Any additional questions? email us at business.loans@loanme.com or call 949-535-7798 for support.

•Partner Support: Tired of not being able to reach your “dedicated account rep”? LoanMe’s partner support works as a team; and we are here to help! You can reach us at 949-535-7798 or email us at business.loans@loanme.com for the fastest response.

* Approvals based on state-by-state lending laws and LoanMe UW guidelines.
**Final approval must be given and loan documents signed before 4:00pm EST for same day funding.

Download our program guide here:
https://www.dropbox.com/s/3ib20h9zxp...12.18.pdf?dl=0