Results 1 to 8 of 8
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12-21-2023, 01:25 PM #1
- Join Date
- Apr 2013
- Posts
- 359
Lenders doing $400K?
General working capita, retail. Doing $4M. Thanks in advance.
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12-21-2023, 01:31 PM #2
- Join Date
- Oct 2021
- Posts
- 52
whats the reason all your go-to lenders declined?
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12-21-2023, 01:53 PM #3
- Join Date
- Apr 2013
- Posts
- 359
No one declined. Simply considering new options before we submit. Far as I know, On Deck is capped at $250K and we aren't interested in submitting to the others who claim they can fund $2M but are humorously capped at 12 mths, or whatnot, don't fund in CA, etc etc. Like to have a back up just in case our first choice is a decline.
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12-21-2023, 02:04 PM #4
- Join Date
- Nov 2019
- Posts
- 691
If it is a good file based on revenue time in business daily balances profit margins and credit my company can do 400k. We cap at 12 months but first position deal work like a line of credit with true add ons that extend the terms out longer. They do not pay for new money until they finish the old balance. Fell free to call me.
Scott Platto
scott@tmrnow.com
tmrnow.com
212-220-9872
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12-21-2023, 03:05 PM #5
- Join Date
- Jul 2015
- Location
- Tampa Florida
- Posts
- 503
Will fund up to $500,000 but it has to qualify based on the credit card processing sales. We exclusively fund credit card sales based MCAs and remit payment via direct split with certain processors or Lockbox.
Jason H l Sales & Business Development
Quikstone Capital Solutions l Tampa FL
Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
Jason.Hausle@quikstonecapital.com
www.quikstonecapital.com
Direct Lender Since 2005
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12-21-2023, 03:17 PM #6
How quickly do they need the funds?.....you can do a LOC in days and $500K SBA 7A with Cadence Bank or Tab bank...fund in 25 days through SmartBiz. Term loan through Funding Circle and one other lender there in 2 weeks.
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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12-21-2023, 06:09 PM #7
- Join Date
- Nov 2023
- Posts
- 16
Capitalize maxes out at 500k
Email charles@capitalizegroup.com if you still need it.
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12-22-2023, 07:47 AM #8
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,993
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
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