Business Owner w/ $80K in savings needs personal loan
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  1. 04-02-2019, 09:41 PM #1
    Quickfunder
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    Business Owner w/ $80K in savings needs personal loan

    Anyone who can use a Savings account or cash-account as collateral?

    His business only does about $10K a month but he is looking for $50-80K to start building out as a new franchisee.

    Kabbage? LoanMe? Anything worthwhile?

    Thanks.
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  2. 04-02-2019, 11:16 PM #2
    omegafund
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    IF he has good credit 660+ there are a number of peer lender or online lenders, bestegg, goldman , etcc...
    www.omegafund.com
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  3. 04-03-2019, 09:36 AM #3
    Davincinc
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    Steven Jones
    www.davincinc.com
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    PH: 210-290-4102
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  4. 04-04-2019, 08:28 AM #4
    aak723
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    Quote Originally Posted by Quickfunder View Post
    Anyone who can use a Savings account or cash-account as collateral?

    His business only does about $10K a month but he is looking for $50-80K to start building out as a new franchisee.

    Kabbage? LoanMe? Anything worthwhile?

    Thanks.
    Does he have an income that he's not writing off? Typical mark is around $65-$75K 1099 or w2. If so, try any one of the suggestions above. If not, he's got business credit cards only.
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