Results 1 to 4 of 4
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07-24-2023, 02:00 PM #1
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.
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07-24-2023, 02:30 PM #2
- Join Date
- Oct 2018
- Posts
- 7
rev is trending up i think we can do something for him here give me a call 4256470938
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07-24-2023, 03:19 PM #3
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.
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07-25-2023, 01:17 PM #4
- 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.comLast edited by 700+Hybrid; 07-26-2023 at 08:55 AM.
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