Results 1 to 3 of 3
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09-19-2018, 03:45 PM #1
- Join Date
- Dec 2015
- Location
- Texas
- Posts
- 552
seeking PO financing on a gov.contracts for 20k
client with a 575 fico
Newly usiness est. 2017 Oct.
Ran a custom hot rod shop last 6 years manufacturing sandrail for vegas desert racing. Hes sense retired from the fab sector due to no paying clients.
Old friend of my just secured a tribal gov. contract seeking 15k for equipment to complete a gov. contract job. I cant lend on this due to the low size of the PO.
Doing about 7-10k per month cannot afford to justify an MCA. Looking for options or ideas of best way to fund this Gov. contract which is only 3 week to complete. With other jobs lining up.
Message me or reply with recommendations.
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09-20-2018, 11:06 AM #2
- Join Date
- Jan 2014
- Posts
- 1,378
maybe Bluevine for LOC or you can try LoanMe depending on state. Low revenue merchants get decent size offers from them since they go by end of month balance
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09-20-2018, 12:53 PM #3
- Join Date
- Aug 2018
- Posts
- 36
This could be a good fit for LoanMe. Please give me a call at (949) 535-7384 or email me at pooja.nene@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=0Pooja Nene
LoanMe, Inc
949-535-7384
Email: Pooja.Nene@LoanMe.com
1900 S State College Blvd. Suite 300
Anaheim, CA 92806
Website: www.loanme.com
SBL Information: www.loanme.com/SBL-partner
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