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  1. #1

    Is there a lender who does monthly payments

    perhaps if they have awesome credit , my colleagues wont take my word for it so im asking here if such a lender exists
    Last edited by TheMattTasticVoyage; 08-11-2022 at 02:27 PM.

  2. #2
    Senior Member Reputation points: 34662
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    Elite - 5 years in business, 650 credit

    And i think IOU just rolled out some crazy Monthly payment program for qualified merchants

  3. #3
    Quote Originally Posted by TheUnderwriter View Post
    Elite - 5 years in business, 650 credit

    And i think IOU just rolled out some crazy Monthly payment program for qualified merchants
    can you link me to websites or contacts please

  4. #4
    We get offers with monthly payments all day long

  5. #5
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    Quote Originally Posted by TheMattTasticVoyage View Post
    can you link me to websites or contacts please
    https://www.channelpartnerscapital.com/

  6. #6
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    Channel is my favorite partner by far.

  7. #7
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    IOU Financial is proud to announce our newest loan product, Premier PLUS:
    • Loan amounts from $500k - $1.5m
    • 18-, 24-, or 36-month terms
    • Monthly payments
    • Business must be established for a minimum of 5 years
    • Minimum $50,000 Average Daily Balance

  8. #8
    iou doesnt sign up with anyone anymore you have to really know someone but they do have monthly programs

  9. #9
    Quote Originally Posted by fffundinggg View Post
    iou doesnt sign up with anyone anymore you have to really know someone but they do have monthly programs
    How dissapointing

  10. #10
    Senior Member Reputation points: 66298 Olderguy's Avatar
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    Hate to beat a dead horse but if you have 680 or better Fico, good cash flow, making money on tax returns and reasonable use of funds you can get a SBA 7A uncollateralized through Smartbiz. Up to $350,000. Looking at 10 year terms at 7%.
    Downside, it does take a month. And if you get denied, they will try and process you a term loan through Funding Circle.
    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.

  11. #11
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    If the file meets the requirements you can co-broker it with someone that is on board with iou.

    If the merchant wont take a weekly payment we have a bi-monthly payment twice a month if the merchant qualifies.

  12. #12
    we'll do bi-weekly (twice per month)

  13. #13
    Quote Originally Posted by 110Funding View Post
    we'll do bi-weekly (twice per month)
    pm me

  14. #14

  15. #15
    Quote Originally Posted by fffundinggg View Post
    iou doesnt sign up with anyone anymore you have to really know someone but they do have monthly programs
    I did help a friend in the industry get signed up with IOU a few months back. when you go on their website it still has the signup page so it might be worth checking out.

  16. #16
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    Quote Originally Posted by closer129 View Post
    IOU Financial is proud to announce our newest loan product, Premier PLUS:
    • Loan amounts from $500k - $1.5m
    • 18-, 24-, or 36-month terms
    • Monthly payments
    • Business must be established for a minimum of 5 years
    • Minimum $50,000 Average Daily Balance
    thats great if someone has an actual $50,000 ADB which most won't. And for those who don't, will you send the deal here? https://zingfunding.com/

  17. #17
    I can help here. Monthly loans from 12-26 months offered up to $500k. Can you give me more details on the business?
    Connor Toomey
    Priority Capital – Account Executive
    174 Green St. | Melrose, MA 02176
    Direct: 339-293-6159
    Email- ctoomey@prioritycapital.com
    www.prioritycapital.com

  18. #18
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    Quote Originally Posted by fffundinggg View Post
    iou doesnt sign up with anyone anymore you have to really know someone but they do have monthly programs
    I had no problem signing up with them. Message me for more

  19. #19
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    Kapitus does monthly payments but very selective

  20. #20
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    Quote Originally Posted by fundingsmbs View Post
    thats great if someone has an actual $50,000 ADB which most won't. And for those who don't, will you send the deal here? https://zingfunding.com/
    Does https://zingfunding.com/ accept ISO's right now? I don't see anything on their website for partners.

  21. #21
    Kabbage, Bluevine, Itria, Direct Capital, Channel Partners, and Headway Capital all do monthly payments

  22. #22
    Anyone have contact info for someone at ITRIA?

  23. #23
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    Quote Originally Posted by nkelly2 View Post
    We get offers with monthly payments all day long
    Can you share a contact there please.

    You can PM if you prefer.

    Thanks

  24. #24
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    I do not send deals anywhere I am an iso rep for a direct funder.

  25. #25
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    Quote Originally Posted by TheUnderwriter View Post
    Can you please share a contact at Channel Partners.

    You can PM me if you prefer.

    Thanks

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