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  1. #1

    Best A Paper Lenders For New Business Owners

    Have a client with great credit, great clean 1st position, business been around for 20+ years but he just bought the business in last 7 months - any suggestions?

  2. #2
    Senior Member Reputation points: 158630
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    Loan.

  3. #3
    Sponsor Reputation points: 9187 DannyFoxCap's Avatar
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    Fox can take a look at this file, following a clean 1st is what we are best at. Minimum TIB is 6 months.
    Direct: 347-468-7528
    Cell: 305-753-3967
    Fax: 866-557-0455
    Email: Danny@foxbusinessfunding.com

  4. #4
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    Bluevine will look at a file that's 6 months TIB. They're definitely a big contender for A-paper these days.

  5. #5
    LoanMe offers monthly Term loans up to $25oK for A Paper.
    Give us a call and let's review the file.
    Elizabeth Peters
    LoanMe Small Business Loans
    (949) 535-7798

    Your home for payment loans
    1900 S State College Blvd. Suite 300 Anaheim, CA 92806
    www.loanme.com/smallbusiness

  6. #6
    Senior Member Reputation points: 54975
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    Mantis funds with the new establishment only 3 Months in business! (at times can be 10 weeks of deposits)
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    ——————————————————————————
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  7. #7
    Senior Member Reputation points: 2902 JParr's Avatar
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    Does he have collateral? We can structure a working capital loan with monthly payments, up to 60 month term. If he's looking to fund the acquisition of equipment, we can help with that too.
    Joshua Parrish | SLIM Capital
    (415) 938-4977 | josh@slimcapital.com
    www.slimcapital.com

  8. #8
    Alevy-Consider The Smarter Merchant & visit The Smarter Merchant's Facebook page:*https://www.facebook.com/groups/thesmartermerchant/*


    SPRING 2020 UW GUIDELINES:

    PREMIUM- 3-10 MONTHS - 1.15 - 1.25 BUYRATES - UPSELL TO 15 POINTS - BUYOUT INTO 1st POSITION -1st AND 2nd POSITIONS- DAILY/WEEKLY OPTIONS - 675 FICO - 30k MINIMUM MONTHLY SALES - UP TO 2 DAYS NEGATIVE - 30 MONTHS MINIMUM TIME IN BUSINESS

    STANDARD- 3-9 MONTHS - 1.21 - 1.32 BUY RATES - UPSELL TO 12 POINTS - BUYOUT INTO 1st AND 2nd POSITION - 1st - 3rd POSITION FUNDING - DAILY/WEEKLY OPTIONS- 550 FICO - 10k MINIMUM MONTHLY SALES - UP TO 5 DAYS NEGATIVE - 12 MONTHS MINIMUM TIME IN BUSINESS

    HIGH RISK- 2.5-5 MONTHS - 1.28 - 1.37 BUY RATES - UPSELL TO 10 POINTS - NO CONSOLIDATIONS - 1st-6th POSITION FUNDING - DAILY PAYMENTS ONLY - NO CREDIT SCORE MINIMUM - 10k MINIMUM MONTHLY SALES - UP TO 7 DAYS NEGATIVE- 6 MONTHS MINIMUM TIME IN BUSINESS

    John Galante
    The Smarter Merchant
    ISO Relations
    Johng@thesmartermerchant.com
    C: 347-377-1273
    P: 888-262-7171
    F: *646-219-2731
    www.thesmartermerchant.com

  9. #9
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    Quote Originally Posted by thesmartermerchant2020 View Post
    Alevy-Consider The Smarter Merchant & visit The Smarter Merchant's Facebook page:*https://www.facebook.com/groups/thesmartermerchant/*


    SPRING 2020 UW GUIDELINES:

    PREMIUM- 3-10 MONTHS - 1.15 - 1.25 BUYRATES - UPSELL TO 15 POINTS - BUYOUT INTO 1st POSITION -1st AND 2nd POSITIONS- DAILY/WEEKLY OPTIONS - 675 FICO - 30k MINIMUM MONTHLY SALES - UP TO 2 DAYS NEGATIVE - 30 MONTHS MINIMUM TIME IN BUSINESS

    STANDARD- 3-9 MONTHS - 1.21 - 1.32 BUY RATES - UPSELL TO 12 POINTS - BUYOUT INTO 1st AND 2nd POSITION - 1st - 3rd POSITION FUNDING - DAILY/WEEKLY OPTIONS- 550 FICO - 10k MINIMUM MONTHLY SALES - UP TO 5 DAYS NEGATIVE - 12 MONTHS MINIMUM TIME IN BUSINESS

    HIGH RISK- 2.5-5 MONTHS - 1.28 - 1.37 BUY RATES - UPSELL TO 10 POINTS - NO CONSOLIDATIONS - 1st-6th POSITION FUNDING - DAILY PAYMENTS ONLY - NO CREDIT SCORE MINIMUM - 10k MINIMUM MONTHLY SALES - UP TO 7 DAYS NEGATIVE- 6 MONTHS MINIMUM TIME IN BUSINESS

    John Galante
    The Smarter Merchant
    ISO Relations
    Johng@thesmartermerchant.com
    C: 347-377-1273
    P: 888-262-7171
    F: *646-219-2731
    www.thesmartermerchant.com
    Please stop spamming in ALL CAPS. It's really annoying.
    Hedley Lamarr......That's Hedley

  10. #10
    Senior Member Reputation points: 8447
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    We fund credit card split deals starting at 3 months in business as long as the processing volume is stable and trending upward. We like them to be averaging at least $6,500 per month in processing to qualify for our minimum $5,000 deal.
    Jason H l Sales & Business Development
    Quikstone Capital Solutions l Tampa FL
    Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
    Jason.Hausle@quikstonecapital.com
    www.quikstonecapital.com


    Direct Lender Since 2005

  11. #11
    Senior Member Reputation points: 4118
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    Jan 2020
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    Brooklyn, New York
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    Lending Valley, Inc can get it done. We require only 3 months in business! My email is below, you can also give me a call to discuss what works best for the merchant.
    Clark Sica
    Business Development Manager
    Lending Valley, Inc.
    Office Line: 347-478-5161
    Mobile Line:347-536-0528
    Fax: 1-888-850-1971
    www.LendingValley.com

  12. #12
    Quote Originally Posted by alevy475 View Post
    Have a client with great credit, great clean 1st position, business been around for 20+ years but he just bought the business in last 7 months - any suggestions?
    With 700+ credit we could look at getting him an unsecured loan. Up to 200k on 3, 5 or 7 year terms rates fixed about 6% to 12%. There are no TIB requirements if the owner has 700+ credit.

    Feel free to give me a call if you'd like to discuss at 240-345-3314.

    Thanks,

    Sam Tiburzi with Finance Factory
    sam@financefactory.com

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