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  1. #1
    Senior Member Reputation points: 66298 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
    2,084

    Heard LoanMe was gone

    Portal not working....another broker said she called and will close next week?

    Anyone else hear anything?
    Last edited by Olderguy; 06-10-2022 at 02:50 PM.
    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.

  2. #2
    Member Reputation points: 895
    Join Date
    Feb 2020
    Location
    Anaheim, CA
    Posts
    85

    Quote Originally Posted by Olderguy View Post
    Portal not working....another broker said she called and will close next week?

    Anyone else hear anything?
    Hey Steve. You and everyone else are always welcome to call and get it straight from the horse's mouth. Here's the response we've been sending folks that E-mail us:

    Due to servicing related challenges, LoanMe is pausing acceptance of Lead submissions and suspending originations at this time. We want to make sure your merchants get the funding they need so please submit them to your other funders & lenders for the time being.

    We hope to resume lending soon and will update you accordingly.


    We could know more as early as sometime next week but our path forward, or a potential lack thereof, is entirely in the hands of our parent holding company.

    Have a good weekend.
    Last edited by LoanMe_JG; 06-10-2022 at 03:07 PM. Reason: Grammar
    Joel S Galasso
    Senior National Accounts Manager
    Small Business Loans
    Main: 949-535-7798 | business.loans@loanme.com

    1900 S. State College Blvd. Suite 300 Anaheim, CA 92806

  3. #3
    Senior Member Reputation points: 66298 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
    2,084

    Good - glad to hear...
    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.

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