Need new funders that do monthly payments, equipment funding or invoice factoring
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  1. #1

    Need new funders that do monthly payments, equipment funding or invoice factoring

    We have been funding for 6+ years just rebuilt our outreach Ai systems to be really increase our deal flow for lending we also do a lot of other things for businesses so we have solid files.

    We just became the preferred lender for a massive network of 90k gas stations and convenience stores and are looking to get set up with some new lenders that can help us with some of these files.

    We have never had a bad review or complaint even tho 80% of our deals are MCA because we always go with the best deal for the client not what’s best for our pocket. We also don’t charge broker fees or BS clients. We have under a 1% default rate also.

    We need options for the following:
    Longer term 12 mo+
    Monthly payments or bi weekly payment options
    Equipment financing
    Invoice factoring
    Line of credit

  2. #2
    Senior Member Reputation points: 122949 BR-Nightmare's Avatar
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    Quote Originally Posted by versabusinesssystems View Post
    we have under a 1% default rate also.
    lol
    The Brokers Nightmare
    I don't want peace, I want problems, ALWAYS!
    Florida-Based

  3. #3
    Senior Member Reputation points: 84403
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    Quote Originally Posted by VersaBusinessSystems View Post
    We have been funding for 6+ years just rebuilt our outreach Ai systems to be really increase our deal flow for lending we also do a lot of other things for businesses so we have solid files.

    We just became the preferred lender for a massive network of 90k gas stations and convenience stores and are looking to get set up with some new lenders that can help us with some of these files.

    We have never had a bad review or complaint even tho 80% of our deals are MCA because we always go with the best deal for the client not what’s best for our pocket. We also don’t charge broker fees or BS clients. We have under a 1% default rate also.

    We need options for the following:
    Longer term 12 mo+
    Monthly payments or bi weekly payment options
    Equipment financing
    Invoice factoring
    Line of credit
    SBA - Bolt Express, Bank Term Loans
    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

  4. #4
    Senior Member Reputation points: 72398 Olderguy's Avatar
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    Irvine, CA
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    Call me....reach out...

    That's a difficult market.

    I have lenders for those situations that I can refer you to but need to find out your skillset in handling those kinds of deals.

    For example - I have about 6 different primary SBA lenders. All depends on the scenario, industry, etc. And their guidelines change...I had a trucking deal fund in November for $800,000 that same lender can't do now. However I just spoke with the VP of another SBA lender who said he CAN do it. Markets and guidelines shift all the time.

    I'd be glad to help but I may need to hold your hand on the deals.

    Just don't know your experience level.
    Last edited by Olderguy; 12-20-2023 at 04:29 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.

  5. #5
    Senior Member Reputation points: 305505
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    Quote Originally Posted by VersaBusinessSystems View Post
    We have been funding for 6+ years just rebuilt our outreach Ai systems to be really increase our deal flow for lending we also do a lot of other things for businesses so we have solid files.

    We just became the preferred lender for a massive network of 90k gas stations and convenience stores and are looking to get set up with some new lenders that can help us with some of these files.

    We have never had a bad review or complaint even tho 80% of our deals are MCA because we always go with the best deal for the client not what’s best for our pocket. We also don’t charge broker fees or BS clients. We have under a 1% default rate also.

    We need options for the following:
    Longer term 12 mo+
    Monthly payments or bi weekly payment options
    Equipment financing
    Invoice factoring
    Line of credit
    you should be funding it all yourself with a 1% default rate

  6. #6
    Senior Member Reputation points: 16767 fundinggrasshopper's Avatar
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    Quote Originally Posted by Michael I View Post
    you should be funding it all yourself with a 1% default rate
    sir...UNDER a 1% default rate***

  7. #7
    Senior Member Reputation points: 15523
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    WHoooAAAAaaa. This guys almost as good as mom & pop business funding.

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