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  1. #1
    Senior Member Reputation points: 1018
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    Term Loans

    Any suggestions for a term loan?

    Thanks!

    Howie Dane
    President

    Funding Sources for Business
    president@fundingsourcesforbusines.com
    (847) 8314118
    Howie Dane

  2. #2
    Senior Member Reputation points: 76375
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    Florida
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    Dave Lambert
    FC Financial LLC
    dave@fcbankcard.com
    Phone: 1-727-233-1111
    Text/VM: 1-727-291-7890

  3. #3
    Senior Member Reputation points: 22304 Olderguy's Avatar
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    Irvine, CA
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    628

    Before you go through that list, I suggest you might want to team up with someone who has experience doing these...a lot of brokers here have contacted me on SBA declined files that I was able to get approved.

    I would be more than happy to explain the different term loan options (some SBA and some not) and what you night run...into and then you can decide if you want to handle it yourself or seek further help.

    Your choice.
    Last edited by Olderguy; 08-05-2022 at 06:18 PM.
    Steve Benjamin
    Professional Business Loans

    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    949.228.1050

    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 6% and up
    @ Equipment financing up to 6 years
    @ Property loans - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Homeowner loan 2nd position- 15 year 8.99% no lien
    @ Private money equity and debt for major investments

  4. #4
    Senior Member Reputation points: 1018
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    Thanks guys for your input. I don't think they want an SBA Loan. They are looking for a Term Loan, at least (12) months with decent weekly payments. They have (2) outstanding MCA's, totaling $290K. Excellent credit score, month deposits of $800K-$1M.
    Howie Dane

  5. #5
    Member Reputation points: 10
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    Jun 2020
    Location
    San Jose, CA
    Posts
    9

    Howie,

    I can help them with a term loan to consolidate the MCA's. I will DM you a short questionnaire and pre-qual form.

    Regards,
    Millie Johnson
    Sr. Business Development Officer
    www.readycommercialcapital.com
    1-800-303-0771

  6. #6
    Senior Member Reputation points: 13429
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    Jul 2014
    Location
    Jackson Hole Wy
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    628

    SBA
    IOU does term loans now

    bzuniga@omegafund.com

  7. #7
    Senior Member Reputation points: 1018
    Join Date
    Oct 2012
    Posts
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    Term Loans

    Thanks!

    Would you a contact number?
    Last edited by FSB; 08-08-2022 at 05:07 PM.
    Howie Dane

  8. #8
    Senior Member Reputation points: 168822
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    Feb 2017
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    2,718

    Kalamata also

  9. #9
    Member Reputation points: 971 Ultimatecloser's Avatar
    Join Date
    Jul 2017
    Location
    South Florida
    Posts
    35

    Quote Originally Posted by FSB View Post
    Thanks guys for your input. I don't think they want an SBA Loan. They are looking for a Term Loan, at least (12) months with decent weekly payments. They have (2) outstanding MCA's, totaling $290K. Excellent credit score, month deposits of $800K-$1M.
    Hello I hope all is well....I can help you with term loan and may another option.
    Leverage Capital Associates
    Robb Payne
    Managing Partner
    Direct (561)440-3517
    www.leveragecapital.com


  10. #10
    Why would a merchant want to use new money to payoff old money. When you do that it just makes the new money even more expensive. Why would a business want long term deals when business always needs money which is proven with him having 2 current advances and probably more. The merchant needs a short term advance that gives a lower rate and on renewals the funder just extends the term out keeps the one same payment like a line of credit. This is the type of program my company offers on a 1st position mca. You can reach me at either scott@tmrnow.com or 212-220-9872.

  11. #11
    Senior Member Reputation points: 15372
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    Jul 2021
    Posts
    127

    Fundbox has a term loan but its not available to everyone yet

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