Results 1 to 7 of 7
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07-01-2019, 04:03 PM #1
- Join Date
- May 2019
- Posts
- 12
Looking for some direct and solid sba lenders
Who offers the best terms and pays the highest commissions for SBA loans?
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07-01-2019, 05:10 PM #2
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,995
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
Office: 727-233-1111
Skype: fc-financial
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07-01-2019, 05:25 PM #3
Smartbiz has been a good partner to us. A little lag on communication times and between departments but they do get the job done.
Jonathan Kohanoff
B.R.E. #01962090
Diamond Business Loans
Beverly Hills, CA 90211
jon@diamondbl.com
www.DiamondBL.com
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07-21-2019, 06:02 PM #4
- Join Date
- Sep 2015
- Location
- Houston, Texas
- Posts
- 16
I have 6 SBA preferred lender contacts, and all of them pay a point. It's up to you to put a funding agreement in place with the client if you want more but if they are smart and shop around you'll need to be able to justify the pricing either through your service or the funders you work with because they can go to Wells Fargo or their local credit union for an SBA.
For me I have a shops that can get someone funded in 45 days, I have some specialists in franchise acquisitions, I have a couple that are good with owner occupied real estate in Houston, etc.
Napoleon Butic
nbutic@troutbizcap.com
Troutbizcap.com
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07-21-2019, 11:46 PM #5
- Join Date
- Jul 2015
- Posts
- 1,202
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07-22-2019, 08:13 AM #6
- Join Date
- Feb 2017
- Posts
- 3,463
Napoleon, you cannot charge extra fees than you already do for SBA loans. That is illegal.
https://books.google.co.il/books?id=...oan%3F&f=false
You CAN charge an up-front "packaging fee" for the broker to "compile the story" to the bank, but you really need trust and history and good references and some guts. I know people who do it, and they do it on all loans, whether it's an SBA or commercial mortgage or even a factoring deal.
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07-22-2019, 11:15 AM #7
You can go to the SBA website and find approved vendor list https://www.sba.gov/article/2017/oct...sba-7a-lenders
OR https://www.sba.gov/partners/lendersJerry Starr
Insource Funding
433 Plaza Real,
Boca Raton, Fl 33432
P: 800-805-3391 Fx: 561-270-6895
insourcefunding.net
WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL
◆ 50% LTV - No Fico Required
◆ 90% CLTV on Purchases
◆ Investment Residential / Commercial Properties
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