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01-07-2015, 10:29 AM #1
- Join Date
- Oct 2014
- Posts
- 41
weekly 2nd positions
any lenders do these?
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01-08-2015, 12:54 PM #2
- Join Date
- Dec 2014
- Posts
- 5
LoanMe offers 2nd Positions on Alternative Financing although what we are offering is a true Small Business Loan, not MCA... Also, our repayment is based on MONTHLY payments. Never Weekly or Daily.
We offer alternative finance small business loans to merchants that would not otherwise be qualified for traditional bank lending!
LoanMe offers simple interest, unsecured business loans. Will entertain a 2nd Position without regard to the current balance as long as the merchant qualifies.
Loan Sizes: $3,500-$100,000
Loan Terms: 24-180 months (2-15 year terms)
Payment Type: Monthly ACH
Required Docs: 2 months business bank statements, DL & VC
Offers to Borrower: Up to 2x gross monthly deposits in business bank account
Commission: 5 points on net funded amount
Borrower Min. Requirements:
- 500+ FICO
- 2 Months+ in Business (Minimum 60 days transaction history)
- No Restricted Industry/SIC code types (Must be For-Profit Business)
** Same-Day Funding Possible **
Currently enrolling ISO/Broker Partnerships!
www.loanme.com/smallbusiness
For More Information, please contact us at Business.Loans@LoanMe.com
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01-08-2015, 01:01 PM #3
- Join Date
- Jul 2014
- Posts
- 74
weekly 2nd positions
Is this available in all 50 states?
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01-08-2015, 05:22 PM #4
- Join Date
- Dec 2014
- Posts
- 5
We currently offer lending in 28 states.
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01-08-2015, 08:09 PM #5
Need to pick up a charter bank so you can go 50 states-
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