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  1. #1
    Member Reputation points: 14
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    Sep 2021
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    New York City
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    25

    Looking for Direct Lenders

    I am an Hybrid broker, I use my own capital to syndicate in certain deals. I want to make a name for myself in this business. I am a startup, currently looking for all LOC, TERM LOAN, AND MCA with quick payouts.

    I am traveling back forth from London i am looking to establish my firm in my hometown.


    FirstCapitalWealth INC
    Channon Smith
    President
    646-46--6850
    firstcapitalwealthinc@gmail.com

  2. #2
    Senior Member Reputation points: 31251
    Join Date
    Jul 2015
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    209

    From my experience pretty much all of the companies you are going to want to work with will not be soliciting you to send them deals. You need to go out and build relationships with them. Any company begging for my deals I would proceed with caution. Search through the board as there have been many posts of which funders/lenders do what. You could also cobroker deals to start and piggyback off someone elses relationships. Good luck.

  3. #3
    Member Reputation points: 14
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    Quote Originally Posted by Oxforddan View Post
    From my experience pretty much all of the companies you are going to want to work with will not be soliciting you to send them deals. You need to go out and build relationships with them. Any company begging for my deals I would proceed with caution. Search through the board as there have been many posts of which funders/lenders do what. You could also cobroker deals to start and piggyback off someone elses relationships. Good luck.
    Who would you recommend?

  4. #4
    Channon these are the types of funding that I specialize in. We are funding our clients with our two programs that are unsecured term loans and unsecured business lines of credit. Client funded within 7-10 business days and payouts are ACH'd to you once funds are received and invoiced. Give me a call and we can discuss. We are all about growing the relationship with a partner and exceeding expectations. Thanks Channon.

    Brandon Dessler
    brandon@preferredfundinggroup.com
    815-878-0244

  5. #5
    Senior Member Reputation points: 66298 Olderguy's Avatar
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    Sep 2021
    Location
    Irvine, CA
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    2,087

    Anything that isn't an MCA or Term (you can do yourself) I can handle. I have direct relationships with Managing Directors of SBA non-bank lenders and hard money property lenders. Also have private money to fund $8M plus deals including hospitality and international deals as well. No limit - projects/investment/debt deals up to a billion.
    Steve Benjamin
    Professional Business Loans

    1012 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  6. #6
    Member Reputation points: 222 Prosperum Funding's Avatar
    Join Date
    Sep 2021
    Location
    8 W 36th St NY, NY 10018
    Posts
    85

    Our Sweet Spots:
    · 2nd - 7th positions for same day funding between 20k and 150k. (High deposit volume {100k+}
    · We'll beat or match any other funders' offer within minutes (upon request for urgent files)
    · 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 Length

    140 days (Exceptions can be made)
    Positions
    1st – 7th
    Min. Time in Business
    3 months
    Required Bank Statements
    3 Months from all accounts
    Minimum Credit Score
    None
    Min. Days of Deposits
    3
    Min. Monthly Bank Deposits
    $18,500
    Funding Amount
    $10,000 - $500,000 (Over $150,000 Syndicated)
    Min. Avg Daily Balances
    variable
    Max Negative Days Per Month
    4
    Max Monthly NSFs
    9
    Judgments/Liens
    Yes – Payment Plans Only
    Credit Card Splits
    Yes
    Restricted Industries
    None
    Background
    No violent crimes or financial/fraud felonies
    Bankruptcies
    Discharged okay / No Dismissed bankruptcies within the last 2 years
    Credit Report
    No 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- Overnight-ed Coj not required on all deals
    · Weekly, daily, and 2x per week payment options on any position.
    · Syndicate on any deal we fund for you!
    · We're happy to white label for you. Must submit 50 deals a month
    · Quick turn-around time!
    · Commission is 8- 10 points and sometimes more on a-f files (super High Risk)!
    Last edited by Prosperum Funding; 10-15-2021 at 10:03 AM.

  7. #7
    Member Reputation points: 222 Prosperum Funding's Avatar
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    Location
    8 W 36th St NY, NY 10018
    Posts
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    ^^^^^ Steve Benjamin is one of the most intelligent and transparent people I HAVE EVER worked with.
    Anything pertaining to the SBA or Collateralized lending, be it Real Estate, Land, or Property, he is the man.


    In regards to ANY MCA or EQUIPMENT FINANCING file, I can get it done. PM me or reach for any questions.
    Frank Jacobs,
    Funding Director
    ProsperumFunding.Com
    | Office | (929) 376-8912
    | Fax | (888) 894-3518 or (212) 706-0117
    | Email | FJacobs@ProsperumFunding.com
    8 West 36th Street, Floor7 | New York, NY 10018

  8. #8
    Hey Channon! I'll send you some product guides and some additional details regarding starting a partnership with LoanMe. Small Business Term Loans are our specialty! Talk soon.
    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

  9. #9
    We offer up to 15 months on A paper MCA submissions and 24 months on Term Loan submissions. Feel free to reach out for additional information
    Benjamin Lugassy
    SOS Capital
    blugassy@soscapital.com
    P:212-235-5462
    F:212-235-5459
    www.soscapital.com

  10. #10
    Senior Member Reputation points: 66298 Olderguy's Avatar
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    Sep 2021
    Location
    Irvine, CA
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    Quote Originally Posted by Prosperum Funding View Post
    ^^^^^ Steve Benjamin is one of the most intelligent and transparent people I HAVE EVER worked with.
    Anything pertaining to the SBA or Collateralized lending, be it Real Estate, Land, or Property, he is the man.


    In regards to ANY MCA or EQUIPMENT FINANCING file, I can get it done. PM me or reach for any questions.
    I just saw this...thanks Frank....
    Steve Benjamin
    Professional Business Loans

    1012 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  11. #11
    We are direct lenders in the medical receivable space, not MCA
    Ben Rutkevitz
    Alleon Healthcare Capital
    benr@alleoncapital.com
    (201) 340-6346
    http://www.alleonhealthcare.com/

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