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11-10-2014, 08:30 PM #1
- Join Date
- Aug 2014
- Posts
- 109
term loans
who offers term loans with good comissh
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11-21-2014, 10:17 PM #2
- Join Date
- Sep 2014
- Posts
- 5
bump
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11-24-2014, 02:11 PM #3
- Join Date
- Dec 2013
- Location
- Connecticut
- Posts
- 332
LoanMe - Commission isn't much but they offer the product you want in about 30 states.
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12-04-2014, 05:40 AM #4
- Join Date
- Dec 2013
- Location
- Florida, US
- Posts
- 31
Merchant Financing Leads has millions of verified business records available for your direct mail and telemarketing needs. Our B2B database has over 50 selects to identify your best prospects.
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12-04-2014, 09:56 AM #5
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
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12-04-2014, 12:00 PM #6
WBL premier product offers 3 points comission. 100K - 2MM
680+ fico
3+ years in biz
100K monthly avg gross
3K avg ledger
2012 & 2013 biz tax returns
2013 personal tax returns
YTD P&L
Balance Sheet
App
12 months of banks
collateral list
1 - 3 years monthly or biweekly payments
Mstucchio@wbl.com;212 220 6018
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12-08-2014, 03:54 PM #7
- Join Date
- Nov 2014
- Posts
- 438
LoanMe offers simple interest, unsecured business loans.
Loan Sizes: $3,500-$100,000
Loan Terms: 24-180 months (2-15year terms)
Payment Type: Monthly ACH
Required Docs: 2 months business bank statements, DL & VC
Offers to Borrower: Up to 2x gross monthly deposits in business bank account
Commissions: 5 points on funded (Good commission is a relative statement, based on Loan Size. We offer up to 2x bank deposits/ up to $100k)
Borrower Min Requirements
500+ FICO
2 Months+ in Business (Minimum 60 days transaction history)
No Restricted Industry/SIC code types (Must be for-profit business)
Contact us at Business.Loans@LoanMe.com or call 949-535-7137Last edited by LoanMe; 12-08-2014 at 04:07 PM.
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12-09-2014, 10:26 AM #8
- Join Date
- Dec 2013
- Location
- Connecticut
- Posts
- 332
Let it be known it's 5 points of net funded, each deal is subject to 10% origination fee. (LoanMe) But they have no restrictions on industry type and fund in 24 hours in most cases, a good spot to have in the arsenal.
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12-09-2014, 01:50 PM #9
- Join Date
- Nov 2014
- Posts
- 438
Yes, Thank you Sherlock. Small correction to the origination fee % you stated- Origination fees can range from 3%-10% to the borrowers. Points paid in commissions are 5% of funded (Loan Amount minus origination fee).
That being said, we have partners that have experienced higher loan size offers, than some of the MCA partners they use. This can result in either the same effective commission amount to partner, or more in some cases.
As stated in the original post:
"Commissions: 5 points on funded (Good commission is a relative statement, based on Loan Size. We offer up to 2x gross monthly bank deposits/ up to $100k)"Last edited by LoanMe; 12-09-2014 at 04:17 PM.
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12-09-2014, 05:21 PM #10
- Join Date
- Jul 2014
- Location
- Online
- Posts
- 965
Is LoanMe affiliated with any other companies? I am not getting a clear answer...
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12-09-2014, 05:39 PM #11
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12-09-2014, 08:42 PM #12
- Join Date
- Nov 2014
- Posts
- 438
LoanMe Business
949-535-7798
Email: Business.Loans@LoanMe.com
www.loanme.com/SBL-partner
1900 S State College Blvd. Suite 300
Anaheim, CA 92806
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12-10-2014, 03:45 PM #13
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Call me.I can fill you in.
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12-11-2014, 06:42 PM #14
- Join Date
- Nov 2014
- Posts
- 18
I have resources for term loans. Mary@3375018833
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