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04-21-2023, 10:51 AM #24
For anybody who reads this stuff and has a current interest, may I add the following:
Many of these lenders aren't taking on new ISO's.
And many have volume restrictions where an ISO wouldn't qualify.
My recommendation is just go to a Super Broker.
For example:
The following are available through Splash Advance:
OnDeck
Fora
Channel Partners
Headway
Kapitus
They charge 2%.
You can also access a couple of term loan lenders through SmartBiz - Funding Circle being one.
Recently I have contacted Breakout Capital and David has been very responsive with thorough detail on any issues.
Scott at Windgate Capital claims to be better than competitive although I haven't funded anything yet.Last edited by Olderguy; 04-21-2023 at 12:17 PM.
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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