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03-05-2019, 04:00 PM #1
Who can do a $1mm 36mo Term loan?
Who can do a $1mm 36mo Term loan?
Fixed monthly payment preferred, biweekly will be considered.Anthony Diamond
Underwriter
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03-05-2019, 04:05 PM #2
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biz2credit - hit up sam kota
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03-05-2019, 04:28 PM #3
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Lift Forward
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03-05-2019, 04:56 PM #4
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Amanda Kingsley
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I am Here too. https://www.facebook.com/groups/TheClosersGroup
Always Live and Lead with Integrity.
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03-05-2019, 04:57 PM #5
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Amanda Kingsley
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This is me. https://www.facebook.com/whoiskingsley
I am Here too. https://www.facebook.com/groups/TheClosersGroup
Always Live and Lead with Integrity.
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03-05-2019, 05:07 PM #6
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03-05-2019, 05:53 PM #7
Amanda - why did you say "wow" to that?
And no, TVT is not outsourcing bigger deals now, heh. We don't outsource deals period.
We have a client who needs a term loan for a down payment on a commercial property, and our ISO who owns the deal does not deal with those types of financial products so we are simply trying to help our client get to the next stage of his business.
I guess if not biz2credit, I will look at LiftForward, unless there are any others?
Thanks!Anthony Diamond
Underwriter
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03-05-2019, 05:55 PM #8
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- Nov 2018
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- San Diego, CA
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Lendistry
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03-05-2019, 06:17 PM #9
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03-05-2019, 06:37 PM #10
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Amanda Kingsley
DailyFunder: WhoisKingsley
This is me. https://www.facebook.com/whoiskingsley
I am Here too. https://www.facebook.com/groups/TheClosersGroup
Always Live and Lead with Integrity.
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03-05-2019, 07:00 PM #11
A loan for 1m down payment on property not likely.
Unless he has another property for collateral
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03-06-2019, 09:37 AM #12
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- Aug 2017
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- 251
I believe that they would need to currently own real estate to get an offer from LiftForward.
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03-11-2019, 05:05 PM #13
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- Jan 2019
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- 3
Mulligan Funding is doing some longer term loans (24-36 months) in the $500k-$1mm range but they need to be profitable businesses that are improving and have been around for a while.
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03-27-2019, 12:04 PM #14
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There are several banks that will do 36 month amortizations on 1M. There will NEED to be commensurate collateral in the event of a default. Question is why only 36 months? Much easier to fit that debt into a longer term note.
If the client needs money ASAP I suggest arranging a Bridge (with early payment discount negotiated) to be taken out by a longer amortizing product.
Touch base of you would like assistance..
Richard Gusmano, Founder & CEO
Business Capital Consultants Corp
3237 Rt 112 Suite 9
Medford, NY 11763
rg@businesscapitalconsultants.com
Mobile: 516 510 3855
Office: 631-880-7501
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04-24-2019, 12:50 AM #15
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- Apr 2019
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- 10
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Last edited by kzone702; 04-24-2019 at 12:55 AM.
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