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  1. #1

    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?

  2. #2
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    lol

  3. #3
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    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.

  4. #4
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    Quote Originally Posted by SuperCloser View Post
    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?

    Loan Amount Requested?

    Usage - Business
    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

  5. #5
    175K for an expension

  6. #6
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    Quote Originally Posted by SuperCloser View Post
    175K for an expension
    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

  7. #7
    Thanks, Dave. He already has an SBA. He wants a 5-year term if possible.

  8. #8
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    Lightbulb

    Quote Originally Posted by SuperCloser View Post
    Thanks, Dave. He already has an SBA. He wants a 5-year term if possible.
    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

  9. #9
    Thank you so much dave

  10. #10
    We might be able to help. Contact me at: jim.rfrcapital@gmail.com

  11. #11
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    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

  12. #12
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    EASY DEAL!

    Contact me ASAP!

    -
    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
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