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  1. #1
    Senior Member Reputation points: 72398 Olderguy's Avatar
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    SBA Bolt? Term loan? SBA Express? Hard money property loan? Personal loan? I realize you all are familiar with MCA's and maybe why not consider looking at alternatives?
    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.

  2. #2
    Quote Originally Posted by Olderguy View Post
    SBA Bolt? Term loan? SBA Express? Hard money property loan? Personal loan? I realize you all are familiar with MCA's and maybe why not consider looking at alternatives?

    Why do you always say stuff like this?

    People are in the business of making money and feeding their families. Who is actually gonna sit there and work out and sba express or bolt for an 100K merchant with three pos…fund the 4th or move on

  3. #3
    Senior Member Reputation points: 72398 Olderguy's Avatar
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    Quote Originally Posted by BigDogFinancing View Post
    Why do you always say stuff like this?

    People are in the business of making money and feeding their families. Who is actually gonna sit there and work out and sba express or bolt for an 100K merchant with three pos…fund the 4th or move on
    Because you're not looking out for the best interests of the client, you are looking for how to make the most money for yourself and there is no future in that. You should be looking for both....

    Anybody that needs more than 2 positions, needs professional financial help to run their business and none of you here has that experience. We have that experience to get them out of these MCA products and into better options for their business. All of you here should be looking to do the same if you expect to survive.

    The future of this country is helping people how to thrive, not pushing them into financial instruments out of greed and their inability to operate their businesses in a financially prudent manner.
    Last edited by Olderguy; 06-04-2023 at 10:26 AM.
    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.

  4. #4
    Senior Member Reputation points: 226125
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    ChatGPT made a really nice story that it called Loan Brokers vs. Fiduciaries
    (Don't worry, I asked ChatGPT to make it an interesting read and it really did a good job!)
    https://chat.openai.com/share/c25d4f...b-c72987a0de97

  5. #5
    Senior Member Reputation points: 107104
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    Quote Originally Posted by Olderguy View Post
    Because you're not looking out for the best interests of the client, you are looking for how to make the most money for yourself and there is no future in that. You should be looking for both....

    Anybody that needs more than 2 positions, needs professional financial help to run their business and none of you here has that experience. We have that experience to get them out of these MCA products and into better options for their business. All of you here should be looking to do the same if you expect to survive.

    The future of this country is helping people how to thrive, not pushing them into financial instruments out of greed and their inability to operate their businesses in a financially prudent manner.
    Come on, you are just trying to get people to submit to you for your split. Let us know when you open up a non profit or are ok with a 5% split instead of 50%.

  6. #6
    Senior Member Reputation points: 72398 Olderguy's Avatar
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    Quote Originally Posted by RickyR3712 View Post
    Come on, you are just trying to get people to submit to you for your split. Let us know when you open up a non profit or are ok with a 5% split instead of 50%.
    Sure I'd be glad to pay you just a 5% split. You clearly are just trying to be antagonizing and good luck finding someone who is experienced to work with these situations.
    Last edited by Olderguy; 06-05-2023 at 04:45 PM.
    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.

  7. #7
    Senior Member Reputation points: 226125
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    Quote Originally Posted by Olderguy View Post
    Sure I'd be glad to pay you just a 5% split. You clearly are just trying to be antagonizing and good luck finding someone who is experienced to work with these situations.
    Ricky, let me know if you want to work a deal ;-)

  8. #8
    Senior Member Reputation points: 107104
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    Quote Originally Posted by Olderguy View Post
    Sure I'd be glad to pay you just a 5% split. You clearly are just trying to be antagonizing and good luck finding someone who is experienced to work with these situations.
    You got the point we are all doing this for the money, including you.

  9. #9
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    Quote Originally Posted by BigDogFinancing View Post
    Why do you always say stuff like this?

    People are in the business of making money and feeding their families. Who is actually gonna sit there and work out and sba express or bolt for an 100K merchant with three pos…fund the 4th or move on
    because a 4th puts this guy out of business and at some point "what is good for the merchant" has to be the focus not how can you make a couple extra bucks
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

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