Micro Funder Needed For Small File
Need a Funder or Vendor? START HERE

Results 1 to 4 of 4
  1. #1
    Member Reputation points: 4699 Rickinindy's Avatar
    Join Date
    Oct 2018
    Location
    Indianapolis
    Posts
    59

    Micro Funder Needed For Small File

    4/23 6K
    5/23 13K
    6/23 20K
    Merchant is a tile contractor- residential - growing small business, looking for a starter deal:
    Needs to be a direct funder- looking for a micro funder, message me to discuss more.
    Metromedia Funding Solutions LLC
    55 Monument Circle Suite 745*
    Indianapolis Indiana 46204
    317-649-0110*
    https://www.metromediafunding.com/

    Like us on Facebook!https://www.facebook.com/mpmetromedia/

    Rick@metromediafunding.com

    Your friends in funding.

  2. #2
    rev is trending up i think we can do something for him here give me a call 4256470938

  3. #3
    Senior Member Reputation points: 72961 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
    2,258

    Lending Valley, SuperFast for MCA..

    What's the Fico?

    Here's another option for a bit more funding....

    File from broker.

    Feb sales $12k
    March sales $12K
    April sales $4K
    Mostly additional revenue in business bank account are online transfers from savings account.
    Good Fico
    No debt

    Got him a couple of business credit cards at $69,000

    0% interest for a year

    The rates people get depend on what the lender gives them specifically, but they start with 0% rates for 6-12 months and then adjust to 9-19% APR or so after that.

    Need a 700+ Fico

    Midwest Corp Credit is one source for this.

    So should be Biz Loans Inc.

    SBA has Micro loans up to $50,000 for start ups.
    Last edited by Olderguy; 07-24-2023 at 03:25 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.

  4. #4
    Banned Reputation points: 10
    Join Date
    Mar 2023
    Posts
    18

    For clients with high FICO scores and strong personal credit profiles a credit card stacking/personal term loan program is a better option most of the time.

    Biz Loans Inc definitely pays more on this type of program when a 15% fee agreement (industry top pricing) is charged. ISOs earn 9% commission on a 15% fee.

    Our new buy rate is 6%. ISOs keep anything over that. The highest commission in the industry is a 50/50 split and we beat that by 1.5% (60/40 the ISOs way) on a 15% fee.

    Also: we do not just do credit card stacking. There will be some clients that qualify for up to 6 different bank rate products (though most only qualify for the 0% intro rate business credit cards and personal term loans). Clients with low deposit volume, or who are not profitable on their tax returns or start-ups will not qualify for bank business term loans or bank business lines of credit.

    But a client like yours can be a great fit for 100K or more if their personal credit profile is strong enough.

    Check out our partner page to learn more and request an ISO agreement: https://bizloansinc.com/partners/
    ENTER THE PASSWORD: commissions

    Dan Raymond
    Biz Loans Inc
    300 Delaware Ave Suite 210
    Wilmington, DE 19801
    Phone: (610) BIZ LOAN
    Direct: (302) 397-3777
    E-mail: dan@bizloansinc.com
    Last edited by 700+Hybrid; 07-26-2023 at 08:55 AM.

Similar Threads

  1. Small Micro Deals
    By skideeppow in forum Deal Bin
    Replies: 10
    Last Post: 03-02-2020, 07:17 AM
  2. Replies: 8
    Last Post: 06-11-2019, 03:08 PM
  3. Small/Micro deals--who will do other than Mantis?
    By upperlinecap in forum Deal Bin
    Replies: 3
    Last Post: 03-20-2017, 12:53 PM
  4. CrestHill Capital Micro-File-Program
    By mcaguru in forum Promotions
    Replies: 1
    Last Post: 03-12-2015, 01:48 PM
  5. Micro-File-Program -10% Commissions-
    By mcaguru in forum Merchant Cash Advance
    Replies: 0
    Last Post: 02-04-2015, 07:12 PM


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

Fintech Nexus is shutting down
Fed penalizes Evolve Bank
Cloudsquare unveils Cloudsquare Lend


DIRECTORY