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  1. #1

    Consumer short term lender looking for investor

    I own a licensed online installment high interest lending business and I operate in one state. Im looking for an investor to fund the loans. I have been in business for over a year and have built a solid customer base. Installment loan terms of 4-12 months with interest rates ranging from 200%-500%.

    I can offer some unique high return investment deals. Just drop an email below and ill reach out if your interested. Thanks

  2. #2
    Senior Member Reputation points: 81655
    Join Date
    Mar 2014
    Location
    Florida
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    Quote Originally Posted by LoftLending View Post
    I own a licensed online installment high interest lending business and I operate in one state. Im looking for an investor to fund the loans. I have been in business for over a year and have built a solid customer base. Installment loan terms of 4-12 months with interest rates ranging from 200%-500%.

    I can offer some unique high return investment deals. Just drop an email below and ill reach out if your interested. Thanks
    What State allows APR of 200%?
    How much capital are you seeking?
    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

  3. #3
    Multiple states allow for high interest lending. Each state has its own laws and compliances, I would expand to multiple states if I had the capital. I can tell you which states in a private convo.

    Im seeking $20k+ to start. Private funding seems like my only option as business lenders won't work with my industry. Ive been registered,licensed for 2 years. I have proof of my business operations and I would give all those details in private.

    If you have any other questions or would like some info about consumer lending just reach out. Im always open to make new connections.

  4. #4
    Senior Member Reputation points: 81655
    Join Date
    Mar 2014
    Location
    Florida
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    2,854

    Quote Originally Posted by LoftLending View Post
    Multiple states allow for high interest lending. Each state has its own laws and compliances, I would expand to multiple states if I had the capital. I can tell you which states in a private convo.

    Im seeking $20k+ to start. Private funding seems like my only option as business lenders won't work with my industry. Ive been registered,licensed for 2 years. I have proof of my business operations and I would give all those details in private.



    If you have any other questions or would like some info about consumer lending just reach out. Im always open to make new connections.

    I included my contact info in my post - you are a mystery.
    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
    Just keeping a low profile. Will reach out.

  6. #6
    Banned Reputation points: 20
    Join Date
    Dec 2020
    Location
    New York CIty
    Posts
    32

    Our Sweet Spots:·* 1st*- 7th positions for same day funding between 25k and 750k. (High deposit volume {100k+}*·**We'll beat or match any other funders' offer within minutes (upon request for urgent files) Have a Yellowstone agreement? If so, send it and we will beat it that day!·**We are particularly competitive in the following industries: retail, restaurants, food/beverage, medical/dental offices, consulting/advertising/real estate/construction/etc with solid contractual receivables and We can go to 12 month on high risk industries in 1st position.
    Some Brief Underwriting Guidelines:Program Lengths: 1st position max term 18 month,*2nd position max is 12 months3rd position max is 10 months(ladder positions will depend on* available cash flow)390 payment days,*or 78 weekly payments,or 39 bi-weekly payments,or 18 monthly payments* *(Exceptions can be made)*Positions1st*– 7th positions**(Exceptions can be made)Min. Time in Business6 monthsRequired Bank Statements3 Months from all accountsMinimum Credit ScoreNone (500+ preferred)*Min. Days of Deposits5** * * ***Some exceptions made depending on industry
    Min. Monthly Bank Deposits$18,500Funding Amount$25,000 - $750,000*(Over $150,000 requires 6 months and financials )Min. Avg Daily Balance reqd.VariableMax Negative Days Per Month5Max Monthly NSFs10Judgments/LiensYes – Payment Plans OnlyCredit Card SplitsYes- No Fixed TermRestricted IndustriesMay still be approved for up to 6 monthsBackgroundNo violent crimes or financial/fraud felonies*BankruptciesDischarged okay /*No Dismissed bankruptcies within the last 2 yearsCredit ReportNo major delinquencies*Benefits of Working with Prosperum Capital:
    ·**We are direct Funders and we are licensed in California, not super brokers!·**Same day add-ons!·**We do not reduce your commission on renewals!·**VERY competitive terms!·**Same day funding in as little as 6 hours!·**Weekly, daily, and 2x per week payment options on most positions.·**Ability to syndicate on any deal we fund for you!·**We're happy to white label. Must submit* a minimum of15 Files a month*·**Quick turn-around time!·**Commission is 4- 12 points depending on rate and term, better rates usually have less points built in and we allow for upselling 2 for 1 point of commission*
    Buy Rates as low as 15-20% for 3 months and as low as 20% for 1 year if clean in 1st.

    --

    Thank You & Stay Productive!
    --
    Businesses*Prosper With Prosperum !*
    Channon Smith,**Funding Specialist
    |*Office*|*(646) 766-9922 Ex 1027|*Fax |*(888) 894-3518*or*(212) 706-0117|*Email |*CSmith@ProsperumFunding.Com8 West 36th Street, Floor7*|*New York, NY 10018ProsperumFunding.Com

  7. #7
    Come on now. Don't be posting nonsense like this

  8. #8
    How quickly are you needing the funding? Give me a call.

    Brandon Dressler
    brandon@preferredfundinggroup.com
    8158780244

  9. #9
    email sent

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