Recruiting company in healthcare industry doing $350k annual revenue
Need a Funder or Vendor? START HERE

Results 1 to 13 of 13

Hybrid View

  1. #1
    Banned Reputation points: 10
    Join Date
    Mar 2023
    Posts
    18

    bizLoans 180X90.jpg
    If the client has a 700 or higher FICO we may be able to help them get up to $250,000 of unrestricted funds and business credit. It does not work for every client but when it does work for a client they usually love it.

    Below is the ISO link to our website and the page on the program that we have that helps high FICO clients who qualify to get between 150K-250K on average regardless of having multiple positions or lower bank deposit volume.

    Our program is personal credit driven. It is excellent for doctors, dentists, attorneys, small insurance agencies, small trucking companies, small construction companies, and any business or professional office where the owner has a 700+ FICO with clean personal credit reports and no reported (to business credit bureaus) bad business credit. So even many high FICO clients with restructured MCA payments can qualify for this program.

    The funding cycle is about 30 calendar days in total if the client has excessive inquiries that need free removal. If not it can be as short as 7 business days. No upfront fees to clients and ISO commissions are 40% of all client fees collected post-funding. Each qualified client gets funded a combination of 3-5, three to five-year small-term loans of $25,000 - $50,000 each (which report on the installment portion of personal credit), and 3-5, 0% intro rate business credit cards of $10,000 - $30,000 each that report only on business credit bureaus and not on the client's personal credit.

    We pay the highest ISO commissions available for this type of program and we also (when necessary) do free 3-bureau inquiry removal for unauthorized inquiries that do not have matching accounts on the client's credit reports.

    If you have been in the business finance arena for a while then you are likely familiar with this type of program.

    Comparable is PFG which pays 2.5% ISO commissions on a 15% client fee sheet. That equals 16.7% of collected fees, and 15% is hard to swallow for many clients.
    Also comparable is F & G which pays 20% of all collected fees on a 9% client fee sheet = 1.8% ISO commissions, but they charge at least $2000 upfront in a subscription fee.

    We allow our ISOs to choose either an 8%, 9%, or 10% client fee sheet and we pay ISOs 40% of that. Either 3.2% on 8%, 3.6% on 9%, or 4% on 10%.

    ISO agreement requests are available by clicking on the link at the bottom of the partner's page. We also have an ISO guide that will explain everything in greater detail.

    https://bizloansinc.com/700-hybrid-funding-program/

    https://bizloansinc.com/partners/

    Dan R.
    CEO
    Biz Loans Inc
    Office: (610) BIZ LOAN
    Cell: (302) 397-3777
    Email: dan@bizloansinc.com
    https://bizloansinc.com
    Last edited by 700+Hybrid; 03-27-2023 at 02:33 PM.

Similar Threads

  1. Construction Company $8 million annual revenue - 1st Position
    By Richr7az in forum Merchant Cash Advance
    Replies: 6
    Last Post: 01-16-2023, 09:21 PM
  2. Replies: 2
    Last Post: 09-21-2021, 05:10 PM
  3. Replies: 3
    Last Post: 03-26-2015, 07:30 AM
  4. Replies: 7
    Last Post: 10-31-2014, 10:46 AM
  5. Replies: 5
    Last Post: 10-30-2014, 11:01 AM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

LegalZoom partners w/ businessloans.com
iBusiness Funding acquires Funding Circle
Fintech Nexus is shutting down


DIRECTORY