Solid Deals with Short TIB (3-4 Months)
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  1. #1

    Solid Deals with Short TIB (3-4 Months)

    We see a few of these deals per week - short TIB (3-6 months), but solid revenue/deposits - $20K+, decent credit (600-ish), and the business types are fine. I need a solid option for these types of clients. You can either do these deals or you can't. Please don't respond with send it over and we'll take a look. Thanks - I appreciate your help.

  2. #2
    Senior Member Reputation points: 72961 Olderguy's Avatar
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    Irvine, CA
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    Diamond Advance does 6 months TIB. Sure there are others.
    Steve 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.

  3. #3
    Senior Member Reputation points: 13812
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    Jun 2015
    Location
    Gainesville, FL
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    We (Elevate) only require 3 months TIB, and we don't pull credit.

    Shoot me a message - ken@elevatefunding.com

  4. #4
    FirstLine requires four months TIB. 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!

  5. #5
    Senior Member Reputation points: 84416
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    Quote Originally Posted by nextsecure View Post
    We see a few of these deals per week - short TIB (3-6 months), but solid revenue/deposits - $20K+, decent credit (600-ish), and the business types are fine. I need a solid option for these types of clients. You can either do these deals or you can't. Please don't respond with send it over and we'll take a look. Thanks - I appreciate your help.

    Credit Card split funding may be an option
    Minimum amount of cc monthly processing $5K
    Must have been cc processing for at least 90 days.

    1st Position Only
    No UCC
    No PG
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  6. #6
    Senior Member Reputation points: 10476
    Join Date
    Nov 2019
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    674

    Quote Originally Posted by nextsecure View Post
    We see a few of these deals per week - short TIB (3-6 months), but solid revenue/deposits - $20K+, decent credit (600-ish), and the business types are fine. I need a solid option for these types of clients. You can either do these deals or you can't. Please don't respond with send it over and we'll take a look. Thanks - I appreciate your help.
    My company requires 3 months tib for 1st positions and 6 months for a second position as long as they are as solid as you say they are. Feel free to reach out to me to discuss further or a iso package.

    Scott Platto
    scott@tmrnow.com
    tmrnow.com
    212-220-9872

  7. #7
    Member Reputation points: 3414
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    Mar 2018
    Location
    Salt Lake City, UT
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    86

    We can do these types of deals. Sending you a PM.
    Eric Christensen
    ISO Relationship Manager
    Torro

    eric.christensen@torro.com
    (801)-441-7958

  8. #8
    Senior Member Reputation points: 1755
    Join Date
    Oct 2022
    Posts
    280

    Please send me a private message if the TIB is that short and they are seeking bankable financial instruments I have some personal financial instruments that make sense.

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