Results 1 to 12 of 12
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04-22-2021, 04:25 PM #1
- Join Date
- Jun 2018
- Posts
- 49
5 Year Term Loan?
I have a doctor with a 700 credit score, does about 100K a month, wants a 5-year term loan. He wants a MONTHLY payment only.. Any options?
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04-22-2021, 04:30 PM #2
- Join Date
- Nov 2018
- Location
- NYC
- Posts
- 36
lol
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04-22-2021, 04:37 PM #3
- Join Date
- Feb 2017
- Posts
- 3,396
No laughing manner. The personal credit is good enough to qualify for a personal loan that I can help you make off of. Likely can also qualify for a sweet LOC. He says he wants a term loan, I hope it's not for working capital, because term loans stink for those.
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04-22-2021, 07:03 PM #4
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,926
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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04-22-2021, 07:07 PM #5
- Join Date
- Jun 2018
- Posts
- 49
175K for an expension
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04-22-2021, 07:32 PM #6
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,926
2 suggestions -
EIDL - over $25K - SBA uses a General Security Agreement - Rate 3.75%
https://www.sba.gov/funding-programs...ction-header-0
SBA 7(a) Loan - You will have to locate a Bank that is underwriting Micro Loans
https://www.sba.gov/funding-programs/loans/7a-loans
https://www.firsthomebank.com/creditbench/Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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04-22-2021, 07:43 PM #7
- Join Date
- Jun 2018
- Posts
- 49
Thanks, Dave. He already has an SBA. He wants a 5-year term if possible.
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04-23-2021, 07:47 AM #8
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,926
SBA 7(a) has a maximum of $5,000,000.00 - I'm assuming he has not maxed out?
Have him go back to the Bank that wrote the SBA and they can provide
another SBA or go to another approved SBA Lender.
SBA does not have a pre-payment penalty, therefore he can pay the note off in 5 years.
If you need an alternative SBA Lender try First Home Bank
https://www.firsthomebank.com/creditbench/Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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04-23-2021, 11:55 AM #9
- Join Date
- Jun 2018
- Posts
- 49
Thank you so much dave
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06-19-2021, 11:06 AM #10
- Join Date
- Jun 2021
- Posts
- 40
We might be able to help. Contact me at: jim.rfrcapital@gmail.com
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06-29-2021, 11:07 PM #11
- Join Date
- Mar 2020
- Posts
- 160
EASY DEAL!!!
Anthony Auriemma
PRESIDENT
Phone: 848-480-1814
Fax: 888-440-1760
Cell: 732-552-5010
Email: anthony@BilderbergBusinessLenders.com
Email: BilderbergUnderwriting@gmail.com
www.BilderbergBusinessLenders.com
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07-13-2021, 01:21 PM #12
- Join Date
- Mar 2020
- Posts
- 160
EASY DEAL!
Contact me ASAP!
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Anthony Auriemma
PRESIDENT
Phone: 848-480-1814
Fax: 888-440-1760
Cell: 732-552-5010
Email: anthony@BilderbergBusinessLenders.com
Email: BilderbergUnderwriting@gmail.com
www.BilderbergBusinessLenders.com
My Products Are:
Traditional Loans
We Offer
Offer Terms of 1 to 10 Years
Interest Rates Between 3.99% & 12.99%
Pre-payment Discount with Early Payoff or Refinance
We Do Not Charge Future Interest
Loan Amounts From 5,000 to Unlimited
Traditional Lending, Simple Interest With Monthly Payments, 2 to 12 Year Terms
Debt Consolidation
Debt Settlement
Debt Restructuring
SBA's With Interest Rates 4.5% To 8.5%
Purchase Future Receivables, Best Price Guaranteed
Merchant Cash Advances
Purchase AR's, Best Price Guaranteed
Asset Loans At 3.99% with Monthly Payments
Equipment Leasing & Loans
ZERO FEE Merchant Processing With Free Terminals
Business Line of Credit - BLOC
Invoice Lending
Property Loans
Backer Loans
Commercial Loans 20 to 30 Years
EBITDA Loans
Rehab / Construction Loans
House Flip Loans
Project Loans (Construction)
Personal Mortgages Starting at 1.85%
Rollover 401k, IRA, 403b, 457, SEP, Pension Plans, PST-Military, Annuities, KEOGHS, Retirement Loans
And, Several Hybrid Financing Options Not Offered Anywhere Else
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