OD Offer - 1.09 @ 9 months
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  1. 12-09-2014, 04:01 PM #1
    mca123
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    OD Offer - 1.09 @ 9 months

    I have a merchant that just qualified for $150k with OD at 1.09 at 9 months. Is there any other alt lender that could offer similar/better terms ...if that's even possible??
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  2. 12-09-2014, 04:04 PM #2
    Jared_Weitz
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    Fundation offers 7.9-14.99 (true cost) 2-4 year terms, Also Credit Cash will go that low for really clean deals.
    Last edited by Jared_Weitz; 12-09-2014 at 04:10 PM.
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  3. 12-09-2014, 11:14 PM #3
    RichardGerard
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    I sent you a PM earlier... rg@businesscapitalconsultants 866 681 1227.. Richard
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  4. 12-10-2014, 07:03 AM #4
    golf2014
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    iou

    IOU 14.9 percent up to one year
    Last edited by golf2014; 12-10-2014 at 07:04 AM. Reason: typo
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  5. 12-16-2014, 03:14 PM #5
    BusinessLendingMadeSimple
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    Quote Originally Posted by golf2014 View Post
    IOU 14.9 percent up to one year
    That's not true costs. Reality is @24
    Founder ACA Academy - Educating Sales Professionals to Succeed in the Alternative Lending Industry

    Author of Forthcoming Book - "The Lil' Black Book"

    klamere@acafundingusa.com
    (608)312-3685


    To see Keith's LinkedIn Profile Click Here ------->https://www.linkedin.com/profile/vie...ve_tab_profile
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  6. 12-16-2014, 04:52 PM #6
    Jared_Weitz
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    OD Offer - 1.09 @ 9 months

    That's right. IOU has like 6.5% upfront that jumps the rate up to low to mid 20's
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