Lenders Who Do Under 1 Year TIB
Need a Funder or Vendor? START HERE

Results 1 to 10 of 10
  1. #1

    Lenders Who Do Under 1 Year TIB

    Looking for lenders who fund under 1 year time in biz. I know Vader and Granite do, but this is 150-250k deal that's been in biz for 10 months.

  2. #2
    Senior Member Reputation points: 242074
    Join Date
    Feb 2017
    Posts
    3,463

    What's the industry?
    Did you try invoice factoring if they are B2B? Did you look into a CC split if they're B2C?

  3. #3
    Thanks, just looking for an MCA.

  4. #4
    Senior Member Reputation points: 242074
    Join Date
    Feb 2017
    Posts
    3,463

    CC split is an MCA

    Keep in mind, if you don't get them the factoring, someone else eventually will. And they'll probably stack it too.

  5. #5
    Senior Member Reputation points: 12707
    Join Date
    Nov 2019
    Posts
    691

    Quote Originally Posted by downtownfunding View Post
    Looking for lenders who fund under 1 year time in biz. I know Vader and Granite do, but this is 150-250k deal that's been in biz for 10 months.
    My TIb is 3 months for a first and 6 months for a stack as long as credit and daily balances are strong.

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

  6. #6
    Have seen Pearl in some short TIB deals over the last 6 months giving 100k+

  7. #7
    Senior Member Reputation points: 14973
    Join Date
    Jun 2015
    Location
    Gainesville, FL
    Posts
    201

    Elevate requires just 3 months in business unless it's a ITIN non-citizen, then it's 1 year.

  8. #8
    Senior Member Reputation points: 6957 ESE5020's Avatar
    Join Date
    Oct 2017
    Posts
    341

    Quote Originally Posted by downtownfunding View Post
    Looking for lenders who fund under 1 year time in biz. I know Vader and Granite do, but this is 150-250k deal that's been in biz for 10 months.

    We are not lenders, we fund MCAs, TIB minimum of 3 months. Not sure about the amount, its tough to justify a company in business for 10 months over 100k but if your client is open to other offers we can take a look. We don't run any credit.
    East Shore Equities, LLC
    Tel: (516) 784-4298 | Fax: (516) 231-5590
    www.EastShoreEquities.com

  9. #9
    Hello,

    Here at Clarity Advance, we can help you out with this one.

    Please feel free to email me at erika@clarityadvance.com

  10. #10
    Banned Reputation points: 4416
    Join Date
    Dec 2021
    Posts
    154

    Capitalize official TIB requirement is only six months. See submission info below.

Similar Threads

  1. Replies: 3
    Last Post: 01-06-2021, 07:47 PM
  2. FIRST POSITION LENDERS - 1 Year time in business
    By MCABroker123 in forum Merchant Cash Advance
    Replies: 10
    Last Post: 07-29-2019, 06:46 PM
  3. Replies: 12
    Last Post: 02-02-2017, 02:48 AM
  4. Replies: 5
    Last Post: 02-24-2016, 07:56 PM
  5. Any lenders doing 2 to 5 year loans?
    By JeffMulford in forum Merchant Cash Advance
    Replies: 5
    Last Post: 10-08-2014, 04:51 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

Blue Owl Capital acquires Atalaya
Kansas added to disclosure service tool
FIS launches SMB digital lending


DIRECTORY