Results 1 to 4 of 4
Hybrid View
-
01-11-2024, 02:19 PM #1
- Join Date
- Mar 2023
- Posts
- 9
Funding behind square
Have a merchant who was funded by square 171k 18 months. Just took over a business in Aug. that has been established since 91. Who can make a solid 10-12 mo offer here? Been getting declines for TIB.
-
01-11-2024, 05:41 PM #2
- Join Date
- Jan 2021
- Posts
- 49
how much they looking for?
-
01-11-2024, 05:44 PM #3
Typically need 6 months ownership seasoning in most instances to allow earlier start date to apply. August 'til now is close to 6 months...you might want to push back on those lenders on TIB.
Last edited by Olderguy; 01-11-2024 at 05:47 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.
-
01-12-2024, 01:29 AM #4
- Join Date
- Dec 2021
- Posts
- 637
Sounds like a capybara kind of deal.
Marcus Clapman
Capybara Capital
marcus@capybarausa.com
www.capybarausa.com
646-708-5986 (Text Friendly!)
Similar Threads
-
Square
By MCABRuno in forum Merchant Cash AdvanceReplies: 7Last Post: 06-22-2022, 03:09 PM -
Square
By CannonCap in forum Merchant Cash AdvanceReplies: 5Last Post: 04-11-2015, 03:30 PM -
Square MCA
By FUNd in forum Merchant Cash AdvanceReplies: 13Last Post: 11-17-2014, 09:11 AM -
Kabbage Now Uses Square Data To Provide Business Funding
By isaacdstern in forum Merchant Cash AdvanceReplies: 25Last Post: 12-07-2013, 09:36 PM