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  1. #1

    Monthly Payments

    Does anyone know of a lender who does monthly payments instead of weekly or bi-weekly? 1st position merchant doing about 1M a month but only wants a monthly payment.

  2. #2
    Senior Member Reputation points: 216519
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    1st position senior debt, or 1st position behind senior debt?
    Factoring has no "monthly payment"
    ABLs, SBAs, real estate, equipment and and inventory loans are monthly that are amortized
    Bluevine has up to a $250k LOC with monthly offers (sometimes)
    What's the industry?
    What's the existing debt?
    What's the FICO?
    What's the collateral?

  3. #3
    Quote Originally Posted by johnwood View Post
    Does anyone know of a lender who does monthly payments instead of weekly or bi-weekly? 1st position merchant doing about 1M a month but only wants a monthly payment.
    Bluevine will do monthly payments on a their 12 month program. Channel Partners has a premier product that offers monthly payments but I think it's capped at 150k. Idea offers monthly payments as well.

  4. #4
    Senior Member Reputation points: 4262 Magicmike18's Avatar
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    funding circle or loan me

  5. #5
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    Quote Originally Posted by johnwood View Post
    Does anyone know of a lender who does monthly payments instead of weekly or bi-weekly? 1st position merchant doing about 1M a month but only wants a monthly payment.
    TVT does bi-weekly and monthlys. And they can fund large $1M or more

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