Looking for Term Loan and Biz LOC funders
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  1. #1

    Looking for Term Loan and Biz LOC funders

    I am looking for some additional term loan and LOC funding sources. If you have had a positive experience with a reputable funding source for biz LOC and biz term loans I would appreciate your recommendations and feedback.




    J.D. Chiles
    Chiles Capital
    Office: 305.330.5879
    Direct: 305.564.4575
    Mobile: 747.264.6023
    jd@chilescapital.com
    www.chilescapital.com
    www.smallbusinessfunder.com

  2. #2
    Hey J.D.
    I work for a direct, national SBA lender. We are consistently in the top 10 SBA lenders in the US. We also have relationships with other SBA lenders on deals we can't fund. Due to our volume and expertise, we can move extremely fast on deals
    If want to deal with a direct lender to save time and get the best terms, let me know how I can help.
    Thanks, Dan
    Dan Wallace
    SVP
    Enterprise Bank
    National, direct SBA lender
    Fast and creative financing solutions
    970-390-6650
    dwallace@enterprisebank.com

  3. #3
    Senior Member Reputation points: 68259 Olderguy's Avatar
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    Location
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    I have done a lot of SBA term loans using largest non-bank SBA lender. Reach out if you have questions. I don't recommend you try and do this yourself without experience.

    Some term loan lenders aren't taking on new ISO's and you might have better luck going through super brokers like Splash Advance for example. They access them and take like 2%. There you can get OnDeck, Kapitus, Headway, etc.

    LOC:
    BlueVine
    Rapid
    Kabbage
    Greenwich
    Larger numbers (over $250K) through Newtek.
    Midwest Corporate Credit has a business LOC program too.
    Last edited by Olderguy; 01-13-2023 at 11:18 AM.
    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.

  4. #4
    Member Reputation points: 10
    Join Date
    Sep 2022
    Location
    Lakewood, NJ
    Posts
    51

    for 700+ credit I can get you funds in 1-3 weeks.

    For 650+ credit I can get it in 1-3 weeks. (but needs a positive dscr of min 1.2)

    for startups need projections.

    for 24-36% can get depending on the industry.
    Josh Dan
    B2B Funding LLC
    josh@b2bfundingllc.com
    Super Broker
    (347) 794-1592

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