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  1. #1
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    Quote Originally Posted by Olderguy View Post
    Why not do SBA Express if he is making money and has cash flow?
    Of if they have property, do a hard money cash out refi to pay it off.
    not an option here I offer SBA loans on my own and he is not interested

  2. #2
    Senior Member Reputation points: 78900 Olderguy's Avatar
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    Quote Originally Posted by Bcooper View Post
    not an option here I offer SBA loans on my own and he is not interested
    It's not collateralized....why would anyone with three MCA loans be not interested in a SBA Express? Explain that to me. I can submit and get an answer pretty much immediately. Anybody who says not interested assumes they are too difficult, heard about too many bad experiences trying to get them,
    Last edited by Olderguy; 05-26-2022 at 05:44 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.

  3. #3
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    If it's B2B, then definitely consider factoring! I'm working some great deals now that factoring is the BEST idea out there for them, but most brokers won't tell him that.

  4. #4
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    Quote Originally Posted by abfunders View Post
    If it's B2B, then definitely consider factoring! I'm working some great deals now that factoring is the BEST idea out there for them, but most brokers won't tell him that.
    already tried invoice factoring wont work for this guy sadly.

  5. #5
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    Quote Originally Posted by Bcooper View Post
    already tried invoice factoring wont work for this guy sadly.
    Why not? Give a little color, otherwise everyone will say "SEND IT OVER!"

  6. #6
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    Quote Originally Posted by abfunders View Post
    Why not? Give a little color, otherwise everyone will say "SEND IT OVER!"
    He doesn't have invoices that you can factor on. lol, therefore, cannot do invoice factoring.

  7. #7
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    Quote Originally Posted by Bcooper View Post
    He doesn't have invoices that you can factor on. lol, therefore, cannot do invoice factoring.
    LOL. So what industry is he in?

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