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11-20-2019, 06:11 PM #1
Direct Competitor to Smartbiz - EXPRESS TERM LOAN PRODUCT
Good evening. I need a quick answer on this.
(These thread alerts don't seem to work for me EVER, so please, PM me if you know the answer, or if you know me, just text me).
Smartbiz launched the new term loan product up to $200K max, fundable within 7-10 days in lieu of the much more lengthy SBA loans.
Which competitors offer the SAME kind of programs, similar commission structures, but NON-SBA as well?
I'm not looking for typical answers like Lendistry, Celtic, or Bluevine. I need 9% APR, fundable within 7-10 days, just like Smartbiz, using even same banks.
Please PM me (or let me know) ASAP! Your help is much appreciated.
P.S: I have an imaging company & a medical office looking for funds, both doing exceptional numbers. If there are banks specific to those industry types, then let me know. But they HAVE to work directly with brokers.
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11-21-2019, 09:46 AM #2
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
Hey Rob..
Smartbiz is using TAB Bank and Funding Circle on their expedited term product(s). Considering Thanksgiving is next week I can't fathom something closing prior to week of December 9th.
Regular banks can often work more swiftly if the client has strong credit and earnings- but the standard term loan lenders without collateral are: Fundation, Credibility, Street Shares, Funding Circle etc
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11-21-2019, 12:37 PM #3
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