Results 1 to 13 of 13
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01-06-2022, 10:20 AM #1
- Join Date
- Oct 2021
- Posts
- 48
Monthly Payments A Paper
Can anyone do monthly payments on an A paper great credit for 500k?
Qualified but won't budge on the weekly's
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01-06-2022, 10:26 AM #2
- Join Date
- Jun 2017
- Posts
- 2,049
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01-06-2022, 10:30 AM #3
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01-06-2022, 10:50 AM #4
- Join Date
- Feb 2017
- Posts
- 3,426
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?
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01-06-2022, 11:02 AM #5
- Join Date
- Dec 2021
- Posts
- 30
GOAT ADVANCE DOES BI-WEEKLY PAYMENTS!
Amanda Schuster
GOAT ADVANCE
Amanda@goatadvance.com
443-797-9714
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01-06-2022, 11:24 AM #6
Last edited by Olderguy; 01-06-2022 at 11:31 AM.
Steve Benjamin
Professional Business Loans
522 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.
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01-06-2022, 11:52 AM #7
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,948
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.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
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01-06-2022, 12:09 PM #8
- Join Date
- Oct 2021
- Posts
- 48
In need of a quick short term for the business
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01-06-2022, 01:32 PM #9
- Join Date
- Feb 2018
- Posts
- 1,349
channel partners I think does
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01-06-2022, 07:32 PM #10Steve Benjamin
Professional Business Loans
522 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.
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01-07-2022, 12:41 AM #11
- Join Date
- Dec 2016
- Posts
- 379
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01-07-2022, 09:33 AM #12
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.
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01-10-2022, 10:55 AM #13
PM us regarding this file
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
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