Results 1 to 8 of 8
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01-02-2019, 10:35 AM #1
- Join Date
- Nov 2018
- Location
- Phoenix AZ
- Posts
- 90
Sprout Financial
Hey Everybody Happy New Year!
Looking for some feedback on this company. Has anybody worked on a deal with Sprout Financial?
They seem to have a wide array of products to choose from.
Thank you and have a great day.
PERSONAL LOANS
UNSECURED L.O.C.
BUSINESS LOANS
BUSINESS L.O.C.
HARD MONEY
401K LIQUIDATION
SBA EXPRESS LOANS
MERCHANT LOANS
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01-02-2019, 10:40 AM #2
- Join Date
- Oct 2018
- Posts
- 72
Sounds like an ISO
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01-02-2019, 11:04 AM #3
- Join Date
- Oct 2016
- Posts
- 4,318
Guys, if they claim to do both loans and advances (not to mention SBA and real estate loans) they are brokers.
And when they talk about “personal loans, unsecured LOCs and business LOCs” they’re just using euphemisms for “credit cards”. They’ll just apply for credit cards for you, or use one of the main players to apply for you.
If you need a broker to help you broker, then maybe there is use for them. But just understand they are a brokerage and not a lender/funder.
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01-02-2019, 11:09 AM #4
- Join Date
- Nov 2018
- Location
- Phoenix AZ
- Posts
- 90
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01-04-2019, 04:24 PM #5
- Join Date
- Oct 2018
- Location
- MIAMI FLORIDA 33166
- Posts
- 16
when did bluevine start to offer monthly payments ??? thier portfolio is locs and factoring and both are paid back weekly......
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01-04-2019, 05:02 PM #6
- Join Date
- Nov 2018
- Location
- Phoenix AZ
- Posts
- 90
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01-05-2019, 04:01 PM #7
- Join Date
- May 2016
- Location
- San Francisco & New York City
- Posts
- 75
Hi Businessrevenue,
My team offers more LOCs on a monthly repayment schedule vs. a weekly repayment schedule. Monthly repayment over a 12 month term is our most common offer.
Chargers is correct that our minimum criteria for 12-month / monthly are higher that our requirements for the 6-month / weekly. The business needs to generate at least $45,000 per month in revenue and have a 670+ FICO for a 12-month / monthly offer.
Matt Estes
BlueVine
partnerinquiry@bluevine.com
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01-20-2019, 01:50 AM #8
- Join Date
- Aug 2018
- Posts
- 760
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