Who funds defaults?
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  1. #1
    Senior Member Reputation points: 73140 Olderguy's Avatar
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    Quote Originally Posted by abfunders View Post
    Steve sends default deals to Hybrid and United AND then he sends to these guys: https://dailyfunder.com/showthread.p...l=1#post161105
    Bro...I never have used them....a reliable colleague has and vouched for then...and it was a referral...
    Last edited by Olderguy; 02-02-2022 at 12:22 PM.
    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.

  2. #2
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    Quote Originally Posted by Olderguy View Post
    Bro...I never have used them....a reliable colleague has and vouched for then...and it was a referral...
    You said you used Hybrid and United on another thread ($5000 offer from one, $3000 from another), and then on this thread I linked you said "Try him, tell him I sent you..."

  3. #3
    Senior Member Reputation points: 73140 Olderguy's Avatar
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    Quote Originally Posted by abfunders View Post
    You said you used Hybrid and United on another thread ($5000 offer from one, $3000 from another), and then on this thread I linked you said "Try him, tell him I sent you..."
    Doesn't mean I used them as it was a referral. My colleague did vouch for him and I did talk to him too (Kevin) before the referral. Personally I don't like these types of deals but the choice is up to the client and broker involved. As I have made clear, if you need more than a 2nd position, close the account and start over Throwing good money after bad doesn't make sense.
    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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