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06-10-2022, 04:40 PM #1
- Join Date
- May 2022
- Posts
- 98
Asset based personal lending
Anyone have someone that does asset based lending to individuals, not businesses? Or any good asset based lenders for that matter.
!!! Lendbug is open to new ISOs’ !!!
$ 1% bonus point for the month of June $
We have revamped our lending criteria for aggressive offers and maximum deal flow. We pride ourselves on being extremely creative and flexible.
Our funding Criteria:
- 10k minimum funding - 500k max funding
- B, C, D paper
- Offers not based on credit score - low credit ok
- Response time (realistically) as low as 60 minutes
- 1st - 5th position - Up to 38% withhold of net deposits
- 1.32 buy rates
- Terms up to 140 days (weekly's upon approval)
- Max Upsell to 15 points
- Early Payoff Discounts
- 4 truck minimum for trucking industry
- 15k a month average revenue
- Minimum of 5 deposits per month
- Minimal stips (VC & ID)
- Docusign Contracts
- Commission paid after 1st debit clears (4 days)
! Attention Sales Reps ! .
Ask us about our incentives for syndication -
Michael Ross
Lendbug
New York, NY
Mross@lendbug.com
646-360-0411Last edited by mross@LENDBUG; 06-10-2022 at 04:42 PM.
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06-10-2022, 05:26 PM #2
Yes I have several asset based lenders using personal assets like property.
I have a ton of asset based business lenders as well.
Was there a real question in that top pitch?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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