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09-11-2018, 04:48 PM #1
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LoanMe offers monthly payment term loans from $3,500 to $250,000. Minimum FICO 500, Minimum TIB 90 days. Multiple positions ok, final approvals based on affordability, not strictly revenue or deposits. We can work with all "For-Profit" Industries. Give us a call 949-535-7798
LoanMe Business
949-535-7798
Email: Business.Loans@LoanMe.com
www.loanme.com/SBL-partner
1900 S State College Blvd. Suite 300
Anaheim, CA 92806
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09-11-2018, 04:59 PM #2
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when you advertise you should straight forward and put instead of "multiple positions ok", if merchant was funded within 90 days you have to pay them off if there is no room for additional position, and if you pay anything off regardless of amount paid off merchant is not allowed to net any money.
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09-12-2018, 12:02 PM #3
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09-24-2018, 08:22 PM #4
Reputation points: 624
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That's not entirely accurate. When a merchant has recent funding within the last 90 days this does artificially inflate their ADB on the 90 days we look at. However, if they already have strong ADB's (without the additional "new funds") it is still possible to fund them without paying off/consolidation. Yes, it is harder to fund multiple positions with us if they JUST received a new loan or advance within the last 90 days, it isn't unheard of. Any position outside of 90 days doesn't throw off the 90 days we are looking at for affordability.
LoanMe Business
949-535-7798
Email: Business.Loans@LoanMe.com
www.loanme.com/SBL-partner
1900 S State College Blvd. Suite 300
Anaheim, CA 92806
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