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  1. #1

    Business lines of credit lender needed

    While looking for MCA clients, I have been running into people who need business lines of credit. They all want to now the interest rates. Any lender here wants to service these clients? I am ready to sign up with the right lender. Let me know what you offer.

  2. #2
    Senior Member Reputation points: 7898
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    Who have you tried? Not that many out there currently offering LOCs. Heres a few although you'll have to check with them to see what their current status is. https://www.funderintel.com/business-line-of-credit

  3. #3
    I have worked with a couple in the past but no one lately as I have been concentrating on MCAs. I will take a look at what you sent. Thanks.

  4. #4
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    Quote Originally Posted by hardrock View Post
    I have worked with a couple in the past but no one lately as I have been concentrating on MCAs. I will take a look at what you sent. Thanks.
    ok yea those are the main ones I know, otherwise others should chime in with different lenders

  5. #5
    If they're e-commerce businesses, you can refer them to Become who can put them in touch with lender(s) that are still doing LOCs.

  6. #6
    Quote Originally Posted by Ben Shabat View Post
    If they're e-commerce businesses, you can refer them to Become who can put them in touch with lender(s) that are still doing LOCs.
    Thanks, Ben. I will try them.

  7. #7
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    Bluevine started up again. Let me know if you aren't signed up, as they take a long time and to be a full ISO might take a year. Just got a $100k offer from them for a 12-month LOC at 15.22%.

    However, if the client is really focused on the FULL underwriting, I can introduce you to some people who can help on the unsecured business lines of credit side.

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