Satisfied default trucking 600k
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  1. #1

    Satisfied default trucking 600k

    Anyone that would give decent term here??

  2. #2
    Quote Originally Posted by SAMBROKER View Post
    Anyone that would give decent term here??
    Would need a bit more info but would like to take a look. Got a ZBL?

    - 5k minimum 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
    - As low as 1.32 buy rates
    - Terms up to 140 days (weekly's upon approval)
    - Max Upsell to 15 points
    - Early Payoff Discounts
    - 15k a month average revenue
    - Minimum of 5 deposits per month
    - Minimal stips (VC & ID)
    - Docusign Contracts



    Michael Ross
    Lendbug
    New York, NY
    Mross@lendbug.com
    646-360-0411

  3. #3
    who are you guys never seen you in a statement?

  4. #4
    Senior Member Reputation points: 67918 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
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    There are guys here who fund satisfied defaults. I got one at 80 days for a not satisfied default. I would want to see more information. Average monthly deposits, is the $600K a loan amount or annual sales? Current debt? or first position? Fico? Too much information missing. I'm sure several will speak up with more information on the situation.
    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.

  5. #5
    600k monthly first pos satisfied defaults 600 fico

  6. #6
    Senior Member Reputation points: 67918 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
    2,126

    Quote Originally Posted by SAMBROKER View Post
    600k monthly first pos satisfied defaults 600 fico
    Plenty of guys here will respond to this....if he has property for hard money, call or email me...I can do hard money cashout with Fico in the 500's.
    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.

  7. #7
    Does the deal start in s and end in y?

  8. #8
    FirstLine funds satisfied defaults. Feel free to reach out.
    Direct Funder | FirstLine Advance | New York, NY.

    firstlineadvance.com
    Call us: 929-592-3073
    Email us: subs@firstlineadvance.com

    1st position and up | Snap Funding within 2 hours | No credit checks

    Currently accepting new ISO's!

  9. #9
    what's the max term you would do?

  10. #10
    Quote Originally Posted by SAMBROKER View Post
    who are you guys never seen you in a statement?
    We've been around. Guess it's just a coincidence that you haven't come across us yet. Have made plenty of connections that led to findings on this forum. Get in touch.

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