[MCABRuno]

Can anyone do monthly payments on an A paper great credit for 500k?

Qualified but won't budge on the weekly's

[ryan $]

Can anyone do monthly payments on an A paper great credit for 500k?

Qualified but won't budge on the weekly's

InAdvance has a Monthly Payment product

[ESE5020]

Can anyone do monthly payments on an A paper great credit for 500k?

Qualified but won't budge on the weekly's

I can not guarantee that we can compete on Amount, Rate or Term as we have not seen the deal. But we can potentially offer Monthly payments on a deal if it has great A/R. We can offer up to 15 Est. Months depending on the deal.

[abfunders]

Sent a PM with a recommendation. Waiting for the SBA-hungry guys to show up here.
Can we assume they already have SBA or other senior debt, that's why you're going off-bank?

[GOAT]

GOAT ADVANCE DOES BI-WEEKLY PAYMENTS!

Amanda Schuster
GOAT ADVANCE
Amanda@goatadvance.com
443-797-9714

[Olderguy]

Sent a PM with a recommendation. Waiting for the SBA-hungry guys to show up here.
Can we assume they already have SBA or other senior debt, that's why you're going off-bank?

Hahahaha.....660 Fico, good financials...SBA 7A L/A up to 30% of gross revenue on business revenue. Collateralized assets on business assets but can include personal residence. 10 year term 6%. 75 days to fund.

[Yankeeman07]

Sent a PM with a recommendation. Waiting for the SBA-hungry guys to show up here.
Can we assume they already have SBA or other senior debt, that's why you're going off-bank?

Any bets the poster does not even respond to anyone - you, old guy .

I always love these posts , needs/wants $500K good credit. but, seeking $$ at MCA rates, Why?

Unless they have a need for quick short term, while other long-term funding is in place.

SBA 7(a) $$ are at around 6% - amortized over 10, possibly 25 years depending on the financials.
What astute business owner would take $$ at MCA rates, if it was avoidable.

Even hard money can be obtained at low teen rates if the merchant is qualified.

[MCABRuno]

In need of a quick short term for the business

[fundingsmbs]

channel partners I think does

[Olderguy]

In need of a quick short term for the business

Short term $500,000?...what's the use of funds?
Probably can double fund for that amount if it makes sense.

[TheUnderwritingProdigy]

I can not guarantee that we can compete on Amount, Rate or Term as we have not seen the deal. But we can potentially offer Monthly payments on a deal if it has great A/R. We can offer up to 15 Est. Months depending on the deal.

You mean 15 ***payments? Never seen you guys put out a good term on a file.

[ESE5020]

You mean 15 ***payments? Never seen you guys put out a good term on a file.

It might have been a while since you submitted files to us. I admit in the past, we were pretty much only focused on high risk deals and putting out High risk offers. We are still very much able to make offers on high risk files, but we now have the ability to put out much more attractive offers on better files.

Usually high revenue files will receive much more attractive offers from us (depending on Revenue & A/R analysis) but it can vary on a deal by deal basis. Give us a shot again, I think your opinion may change on what we are able to offer now. As an underwriting prodigy, i am sure you can understand that a company's underwriting guidelines have evolved over time. If you don't find that offers are much more attractive, please PM me i would like to analyze the situation and see if I can do anything to improve your experience with us.

[Prosperum Funding]

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