Who competes with World Business Lenders
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  1. #1
    Senior Member Reputation points: 117
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    Apr 2017
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    Quote Originally Posted by CashAdvanceKing View Post
    Hello,

    I have a client who is seeking working capital. They have a home with a good amount of equity. Are their any direct funders that compete with WBL?

    Please let me know, thank you!

    Hello!

    We provide Collateralized loans that are much different than WBL.

    Property Purchases (Mortgage or shorter term), Cash-Out & Rate/Term Refinances on Commercial & Residential Properties, Hard Money, & Term Loans.

    The rates start around 7% APR.

    The term is up to the borrower. Can do 30 years, 15 years, or 2 years, depending on how long they want.

    The commissions are obviously much lower than MCA, but it's definitely still worth getting done. Usually 2-5 points (plus we can charge fees, up to you)

    We would rather make 4 points on a $5,000,000 or $10,000,000 loan than nothing at all because they couldn't get an MCA making 15 points.

    Feel free to reach out if you have questions or want more information!

    DM or Email Info@BesCapFinancial.com

  2. #2
    Senior Member Reputation points: 27981
    Join Date
    Aug 2017
    Posts
    249

    Quote Originally Posted by Red View Post
    Hello!

    We provide Collateralized loans that are much different than WBL.

    Property Purchases (Mortgage or shorter term), Cash-Out & Rate/Term Refinances on Commercial & Residential Properties, Hard Money, & Term Loans.

    The rates start around 7% APR.

    The term is up to the borrower. Can do 30 years, 15 years, or 2 years, depending on how long they want.

    The commissions are obviously much lower than MCA, but it's definitely still worth getting done. Usually 2-5 points (plus we can charge fees, up to you)

    We would rather make 4 points on a $5,000,000 or $10,000,000 loan than nothing at all because they couldn't get an MCA making 15 points.

    Feel free to reach out if you have questions or want more information!

    DM or Email Info@BesCapFinancial.com
    4 points on $10 Million?

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