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01-17-2023, 01:25 PM #6
Following up from the Newtek post.
I know the managing director - Scott Shulman
Austin Briggs - Asst VP
Scott Shulman | Managing Director
Newtek Business Finance Solutions
Direct: (212) 273-8146
sshulman@newtekone.com
www.newtekone.com
Austin Briggs| Assistant Vice President
Newtek Small Business Lending
Office: 212-356-9500 ext. 10579| Direct: (914)-334-6131
Email: abriggs@newtekone.com| Web: www.newtekone.com
They are the largest non bank SBA lender in the US. Understand you have flexibliity with deals in the loan committee. I have had them go back and grant me exceptions on files. Secondly a non bank SBA lender will allow you to collateralize personal assets as well as business assets. I did a SBA 7A in Hawaii for $350,000 and we just put a third UCC on his house. $2M SBA 7A on a company that had $10M equipment in Brazil.
And I posted some specific SBA stuff here:
https://dailyfunder.com/showthread.php/23880-Sba-7aSteve Benjamin
Professional Business Loans
522 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.
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