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08-01-2019, 03:06 PM #1
- Join Date
- Jun 2019
- Posts
- 287
Whyyy?!?!?!
Why can't I find a good company to bring this term loan to? To all of my DF family, I have a client with many restaurants and real estate looking for a term loan in the single digits, looking for around 7-8mm. Direct Lenders or reputable brokers that are willing to point me in the right direction only.
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08-01-2019, 03:13 PM #2
- Join Date
- Dec 2013
- Posts
- 4,713
google midcap business credit
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
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08-01-2019, 03:30 PM #3
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
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
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08-01-2019, 03:47 PM #4
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 732
[QUOTE=FinancialSwissArmyKnife;125967]Why can't I find a good company to bring this term loan to? To all of my DF family, I have a client with many restaurants and real estate looking for a term loan in the single digits, looking for around 7-8mm. Direct Lenders or reputable brokers that are willing to point me in the right direction only.[/QS
Shop local banks. Banks are giving away money if you know how to present a deal. DF has 90% that deal with MCA why would you think they can offer something for you like this.
There are a couple of guys on this DF board that can probably help you place it if you don't know how to shop your banks. Good luck
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08-01-2019, 04:10 PM #5
- 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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08-01-2019, 05:20 PM #6
- Join Date
- Jun 2019
- Posts
- 287
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08-01-2019, 08:30 PM #7
- 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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08-01-2019, 04:13 PM #8
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
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
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08-01-2019, 05:08 PM #9
- Join Date
- Jun 2019
- Posts
- 287
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08-02-2019, 09:15 AM #10
- Join Date
- Jun 2017
- Posts
- 2,049
Id go Credit Cash.
Why is the merchant hung up on a "Term Loan"
Credit Cash LOVES Huge Deals. And they do Long Terms. And the Rates are Great.
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08-02-2019, 10:59 AM #11
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- Jun 2019
- Posts
- 287
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08-04-2019, 12:34 PM #12
- Join Date
- Aug 2018
- Posts
- 882
He wants single digit rates. Not credit cash's cup of tea . Poster, do not bother even sending it there if the guy wants single digit rates.
I know a few people but do not want to share my arsenal.
I still fund deals (signed up) with fundingcircle. Lowest rate I've seen from them was 11%. You need to try axos bank or us bank or cit and have a fee agreement.