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07-10-2019, 04:04 PM #1
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I am looking for a direct lender, who does monthly payments 3-6 yr term.
merchant has 673 fico
70 - 80k a month revenue
looking for 85-90k
do not say loanme...Website : https://www.speedybusiness.loan
Location : 1255 Lynnfield Rd Memphis, TN
Phone : 601 803 1513
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07-10-2019, 04:11 PM #2
- Join Date
- Jun 2015
- Posts
- 3,326
bank of america
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07-10-2019, 04:16 PM #3
- Join Date
- Oct 2016
- Posts
- 4,318
When it comes to a term loan, monthly revenue isn’t what’s important. Are they profitable? Is there collateral?
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07-10-2019, 04:28 PM #4
- Join Date
- Oct 2014
- Location
- Naples, FL
- Posts
- 476
...you are looking for a bank product. You will need financials for the last two years. Expect a long approval and underwriting process...2-3 weeks to get funded. 3% commish. I'm not direct, but I know how to get this done.
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07-10-2019, 04:39 PM #5
- Join Date
- Dec 2017
- Posts
- 277
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07-10-2019, 04:40 PM #6
- Join Date
- Dec 2017
- Posts
- 277
It takes 1 to 2 weeks to close.
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07-10-2019, 04:54 PM #7
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 732
BBVA compass does unsecured loan up to 100k. We have placed some with our local bank funding in couple of days. If there is a branch in your area.
I also messaged with other options for your client
Banks are crazy now giving away money
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07-10-2019, 05:00 PM #8
- Join Date
- Feb 2017
- Posts
- 3,463
BBVA needs to have a regular bank branch in the state the client lives in, keep that in mind. Not a mortgage branch like they do in Louisiana.
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07-11-2019, 06:24 AM #9
- Join Date
- Apr 2015
- Location
- Louisiana
- Posts
- 299
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07-19-2019, 01:05 PM #10
- Join Date
- Jun 2019
- Posts
- 21
I have a couple lenders we use with those parameters I assume you have tax returns? give me a call to discuss 443-360-1918
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