SBA loans
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  1. #1
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    SBA loans

    Can any one recommend a good SBA lender.

  2. #2
    Veteran Reputation points: 135672 Chambo's Avatar
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    Bank of America

  3. #3
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    Newtek/UCS
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  4. #4
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    Live Oak Bank. If the Company is in Florida-US!
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  5. #5
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    Gentlemen:

    Depends on the loan type and collateral.. Live Oak is terrific for Health Care and Insurance deals (and others), while Newtek is a PLP (preferred lender provider)- they also have a higher collateral requirement than many banks- making it harder to get maximum dollars for the client.

    Since everyone on this blog appears to be most interested in the time from submission to closing, PLP's are your best bet. Our group also works with several along with Community Development Finance Partners that give us some flexibility with collateral with earnings and borrower profile that fits their target criteria.

    If you would like assistance on these types of deals feel free to touch base..

    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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