Results 1 to 6 of 6
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12-19-2018, 01:55 PM #1
Looking for lender that doesn't require 50% payoff for new 1st pos
Looking to pay off $75k, customer was approved for $105k with Ondeck but they killed it due to a recent (slight) credit drop.
Strong credit, landscaping business
Banks:
Nov $62k
Avg daily balance- $18k
Oct $53k
Avg daily balance-$30k
Sept $95k
Ave daily balance-$42k
Any suggestions?Sean Hawley
CEO
BLF
Bright Light Freight
shawley@brightlightfreight.com.com
631-210-6327
SBA, Term Loans, LOC, MCA & Equipment Finance (Transportation & Trucking)
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12-19-2018, 01:58 PM #2
Reputation points: 227882
- Join Date
- Feb 2017
- Posts
- 3,429
Rapid recently dropped their minimum payoff.
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12-19-2018, 02:15 PM #3
Reputation points: 503040
- Join Date
- Oct 2016
- Posts
- 4,318
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12-19-2018, 02:21 PM #4
Reputation points: 1949
- Join Date
- Nov 2018
- Location
- San Diego, CA
- Posts
- 75
QuarterSpot only requires a 20% net. Good luck.
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12-19-2018, 02:36 PM #5
Reputation points: 45092
- Join Date
- Aug 2016
- Posts
- 275
Ondeck QS
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12-19-2018, 03:54 PM #6
Thanks guys.
Sean Hawley
CEO
BLF
Bright Light Freight
shawley@brightlightfreight.com.com
631-210-6327
SBA, Term Loans, LOC, MCA & Equipment Finance (Transportation & Trucking)
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