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  1. #1

    small size loans 15-20k

    whos funding smaller deals? seems like no one wants to fund 10-20k loans anymore

  2. #2
    Senior Member Reputation points: 9160
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    Quote Originally Posted by chris32111 View Post
    whos funding smaller deals? seems like no one wants to fund 10-20k loans anymore
    I fund deals as low as 5k as long as they have strong daily balances and descent credit. We also have cc splits as well as adjustable ach payments for seasonal business. Our first position mca deals work a little like a line of credit in a way. Feel free to reach out to me to learn more.


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

  3. #3
    Senior Member Reputation points: 66108 Olderguy's Avatar
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    Lending Valley

    Clark Sica
    Director of ISO Relations
    Clark@lendingvalley.com

    Mobile Line: 347-536-0528
    Office Line: 347-478-5161 Ext: 104
    Last edited by Olderguy; 09-21-2023 at 01:56 PM.
    Steve Benjamin
    Professional Business Loans

    1012 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: 114024 BR-Nightmare's Avatar
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    Quote Originally Posted by chris32111 View Post
    whos funding smaller deals? seems like no one wants to fund 10-20k loans anymore
    Lots of Micro funders out there.

    But they don't do Loans....
    The Brokers Nightmare
    I don't want peace, I want problems, ALWAYS!
    Florida-Based

  5. #5
    any microfunders you'd recommend ? that are ACTUALLY funding micro deals

  6. #6
    we can do the 15-20k range as long as there's other current mca positions
    no firsts and need at least 4-6 weeks mca history before coming in
    do not do deals under 10k though
    COBI HELLER
    MANAGING PARTNER
    OCEAN FUNDING
    PHONE: 561-654-6660
    EMAIL : Cobi@ocean-funding.com

  7. #7
    Senior Member Reputation points: 114024 BR-Nightmare's Avatar
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    Quote Originally Posted by abcloser View Post
    any microfunders you'd recommend ? that are ACTUALLY funding micro deals
    I don't have a list but I'd recommend this thread maybe??
    https://dailyfunder.com/showthread.p...ighlight=micro
    The Brokers Nightmare
    I don't want peace, I want problems, ALWAYS!
    Florida-Based

  8. #8
    Senior Member Reputation points: 81655
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    Quote Originally Posted by chris32111 View Post
    whos funding smaller deals? seems like no one wants to fund 10-20k loans anymore
    If the business owner accepts credit cards, cc split is an option without needing to change processors.
    General rule of thumb - Will fund 50% to 60% of the average of the last 4 months of cc processing volume.
    Need to know the usage of funds
    1st position only
    No UCC
    No PG
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  9. #9
    Senior Member Reputation points: 6957 ESE5020's Avatar
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    Quote Originally Posted by chris32111 View Post
    whos funding smaller deals? seems like no one wants to fund 10-20k loans anymore

    We are not a lending institution and do not provide loans. However, if your client is open to Merchant Cash Advance (MCA) funding, we offer funding options starting as low as $3,000.
    East Shore Equities, LLC
    Submissions@EastShoreEquities.com
    Tel: 516-231-5595 | Fax: 516-231-5590
    www.EastShoreEquities.com

  10. #10
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    Quote Originally Posted by chris32111 View Post
    whos funding smaller deals? seems like no one wants to fund 10-20k loans anymore
    At Rocket our bread and butter are the larger deals but we'll fund deals in the 15-20k range. 15k is our lowest funding amount.
    Moe Braun
    Rocket Capital
    (C)848-318-2598
    (O)786-937-3556
    Moe@rocketcapllc.com
    http://rocketcapllc.com

  11. #11
    Senior Member Reputation points: 4118
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    Lending valley can still take on deals ranging from 5k+. We fund from $5,000 - $5M. Let's touch base
    Clark Sica
    Business Development Manager
    Lending Valley, Inc.
    Office Line: 347-478-5161
    Mobile Line:347-536-0528
    Fax: 1-888-850-1971
    www.LendingValley.com

  12. #12
    Senior Member Reputation points: 4118
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    Thanks for the shout Steve!
    Clark Sica
    Business Development Manager
    Lending Valley, Inc.
    Office Line: 347-478-5161
    Mobile Line:347-536-0528
    Fax: 1-888-850-1971
    www.LendingValley.com

  13. #13
    Lending valley is a good lender to on board with. Clark ls good to work with

  14. #14
    Senior Member Reputation points: 150 CornerStoneFunding's Avatar
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    Quote Originally Posted by chris32111 View Post
    whos funding smaller deals? seems like no one wants to fund 10-20k loans anymore
    10-20k deals are in our wheelhouse, send me an email and ill get you over an iso agreement so we can gets those deals funded for you!
    Mike Guiliano
    ISO Relations Manager
    (786) 629-5771
    3111 N University Blvd Suite 604
    Coral Springs, FL
    michael@cornerstonefundingllc.com

  15. #15
    We specialize in those deals, send an email to uw@flowcapitalfunding.com
    We fund those 5-20k deals fast.

  16. #16
    Cfg, cfg, cfg

  17. #17
    We fund a lot of 10-20k deals. The only thing is that our minimum monthly revenue requirement is 30k.
    Cris Gonzalez
    Iso Relations Manager
    (786) 368-1815
    Cris@clarityadvance.com
    www.clarityadvance.com

  18. #18
    We don't love them but we fund smaller deals ,5k -10k.


    David Levin
    29 West 36th St
    New York, NY 10018
    Direct 516-444-6141
    Email dlevin@appfundingbeta.com

    www.appfundingbeta.com
    BETTER BUSINESS BUREAU® Accredited

  19. #19
    Member Reputation points: 48 joey funds's Avatar
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    Our minimum is 15k

    Joey Andreoni
    Rocket Capital
    (C)848-318-2721
    (O)786-954-5086
    Joey@rocketcapllc.com
    https://rocketcapllc.com/

  20. #20
    Quote Originally Posted by chris32111 View Post
    whos funding smaller deals? seems like no one wants to fund 10-20k loans anymore
    We fund micro files!!
    Please reach out if you have any questions.
    Teddy Rogers
    ISO Relations Manager
    Myle Advances
    Direct Line: 917-757-8695
    Email: Teddy@myleadvances.com
    Website : http://myleadvances.com/

  21. #21
    We fund micros as long as they are grossing 7k in revenue with 1 weekly deposit, excluding transportation (includes truck repair) and micro construction that is not reliant of CC processors. aka square, PayPal, cash App etc. No checks/ cash deposits will be counted in micro construction.
    No Defaults on micro grossing files but will fund 2nd+ satisfied defaults micro position.

  22. #22
    Senior Member Reputation points: 150 CornerStoneFunding's Avatar
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    Quote Originally Posted by chris32111 View Post
    whos funding smaller deals? seems like no one wants to fund 10-20k loans anymore
    We only require min 10k rev per month with 5 or more deposits. get in touch with me so we can onboard you and fund those 10-20k mca's for you
    Mike Guiliano
    ISO Relations Manager
    (786) 629-5771
    3111 N University Blvd Suite 604
    Coral Springs, FL
    michael@cornerstonefundingllc.com

  23. #23
    We could fund your smaller deals 10-20k, contact me

    IntstaFundAdvance
    Ben Allen
    ISO Relations Manager
    E: ben@instafundadvance.com

  24. #24
    I can take a look. If the daily balances are strong and merchant has MCA history, send it over.
    Deals@pepgrp.com

    Michael Kameo
    ISO Relations, Progressive Equity Partners
    C. (718) 749-1241 | Deals@pepgrp.com
    Last edited by PEP_GRP_GUY; 11-29-2023 at 01:54 PM.

  25. #25
    Member Reputation points: 10 NeoFundingPlaza's Avatar
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    Hey,
    we do deals anywhere from 5k - 250k,
    B-D paper
    - Funding up to 250k (On one Contract)
    - Paying up to 13 points (depending on the file)
    - Up to 7 or 8 positions (maybe more depending on the file)
    - Terms goes as far out as 160 days
    - Must to do a minimum of 20k+ a month in revenue to qualify
    - Minimum of 4 deposits per month
    - Negative days up to 7 days per month OR more if they have Overdraft Protection
    Restricted Industries:Trucking (must have 50k+ in deposits)
    Noelle│Funder
    Funding Plaza
    +1(786) 592-5835
    Noelle@fundingplazacorp.com

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