1.5 Years in business need term Loan
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  1. #1
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    1.5 Years in business need term Loan

    Who does term loan?

    1.5 years in business
    700 credit
    150k monthly revenues

    NO real estate
    Need 200k

  2. #2
    LoanMe SmartBiz Loans

  3. #3
    Fundation has / had a 75k minimal stip / approval program. As long as they had a mid 600 FICO, TIB and in approved industries with no excessive hard pulls in the last 90 days or not stacked to hell it funded pretty quick.

    So technically, would be good for a non MCA merchant that doesnt yet have the qualifications for a true SBA, a clean 1st pos A paper merchant.

  4. #4
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    Quote Originally Posted by JohnT. View Post
    Fundation has / had a 75k minimal stip / approval program. As long as they had a mid 600 FICO, TIB and in approved industries with no excessive hard pulls in the last 90 days or not stacked to hell it funded pretty quick.

    So technically, would be good for a non MCA merchant that doesnt yet have the qualifications for a true SBA, a clean 1st pos A paper merchant.
    NO FUndation score min is actually 660. They are really low offers

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