[Chargers]

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

[newunderwriter007]

Sounds like an ISO

[WestCoastFunding]

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.

[Chargers]

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.

Thanks West Coast Mafia. :-) I'm just looking for other companies besides BlueVine and LoanMe that offer Monthly payment options.

[Businessrevenue]

when did bluevine start to offer monthly payments ??? thier portfolio is locs and factoring and both are paid back weekly......

[Chargers]

when did bluevine start to offer monthly payments ??? thier portfolio is locs and factoring and both are paid back weekly......

I get BlueVne approvals with monthly payment options all the time. They need to make at least $50k or more a month to qualify for the monthly.

[matt.estes]

when did bluevine start to offer monthly payments ??? thier portfolio is locs and factoring and both are paid back weekly......

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

[Zonefund]

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

They've filed 2 judgements in deals I recently worked, may be syndicated or super iso that funds their own deals, whom knows...