Results 1 to 19 of 19
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02-15-2024, 11:57 AM #1
Helping Brokers...
I've gotten a lot of calls lately from brokers who have deals (real estate, purchase order financing, development, large W/C bridge loans to take out MCA) and came to me asking for help.
So here's how I have been handling these.
I suggest the broker do a conference call with me and the merhant. Introduce me as a Senor Loan Officer and Underwriter.
I do the discovery on all the options that might be available to the merchant. In listening to the call, the broker learns about programs where they have little experience.
If this becomes a regular pattern, I tell the broker that I can set myself up with a separate email signature using their company signature. Thus I can email back and forth with the clients as if I am really a part of the company. The only drawback is my email still shows steveprobiz@gmail.com
I have a couple of broker shops who have set me up in their email systems with my own email so it really shows I am part of the company.
They also have the ability to listen to the calls and learn.
I am more than willing to work with you guys so you can expand your operations into areas you don't have a current level of knowledge. Eventually you won't need me and will be able to handle these calls yourselves.
On the other hand, you may just want to let me handle the whole package and just leave yourself to dealing with more valuable MCA business.
Just thought I'd pass this along to help you expand your business into unfamiliar areas.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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02-15-2024, 12:06 PM #2
- Join Date
- Feb 2017
- Posts
- 3,463
This belongs in Promotions
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02-15-2024, 12:07 PM #3
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02-15-2024, 12:19 PM #4
It's not a promotion...I'm not selling anything....LOL
I'll move it though...
423132945_10230024524453749_8214165609617351617_n.jpgLast edited by Olderguy; 02-15-2024 at 12:22 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.
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02-15-2024, 12:26 PM #5
- Join Date
- Feb 2019
- Posts
- 209
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02-15-2024, 12:33 PM #6Steve 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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02-15-2024, 12:36 PM #7
- Join Date
- Feb 2017
- Posts
- 3,463
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02-15-2024, 12:53 PM #8Steve 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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02-15-2024, 01:04 PM #9
- Join Date
- Feb 2017
- Posts
- 3,463
Ad hominin attacks again. I should have expected that. The good news is I have enough self-esteem to ignore that.
Okay, let's use 3rd-party definitions. I know that's playing fair, and you don't like absolute truths, but let's try.
Here's what Daily Funder puts as their description of the "Promotions" section:
"The spot where you can talk about yourself and your company all you want. Self promote!"
Meanwhile, you posted this in "All Other Lending" which has the following description:
ABL, Factoring, P2P Lending, Real Estate, etc. (Discussion only)
This post was are promoting yourself, and offering to split commission (either you get paid half, or you pay the brokers half, it's semantics) and not a discussion piece. So now - you tell me where does it belong?
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02-15-2024, 01:12 PM #10
Ok....so you may be right and I reposted it there...A lot of guys are looking for answers to real estate questions. Good to see the forum police are active.
I guess I didn't see it as peddling but as an informative service.
If you saw it as peddling, then it belongs in promotions, but as an informative service, maybe I had it in the right place after all.Last edited by Olderguy; 02-15-2024 at 01:15 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.
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02-15-2024, 01:23 PM #11
- Join Date
- Feb 2024
- Location
- NY
- Posts
- 77
Last edited by JustInCase; 03-12-2024 at 06:04 PM. Reason: None of my business.
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02-15-2024, 01:27 PM #12
- Join Date
- Feb 2024
- Location
- NY
- Posts
- 77
Last edited by JustInCase; 03-12-2024 at 06:03 PM. Reason: None of my business.
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02-15-2024, 01:33 PM #13
brokers want clients to know it's the broker's experience and relationship they want to build, not a third party.
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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02-15-2024, 01:37 PM #14Steve 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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02-15-2024, 01:38 PM #15
- Join Date
- Feb 2024
- Location
- NY
- Posts
- 77
Last edited by JustInCase; 03-12-2024 at 06:03 PM. Reason: None of my business.
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02-15-2024, 01:39 PM #16
- Join Date
- Feb 2024
- Location
- NY
- Posts
- 77
Last edited by JustInCase; 03-12-2024 at 06:02 PM. Reason: None of my business.
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02-15-2024, 11:46 PM #17
- 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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02-16-2024, 05:58 AM #18
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
Because this belongs in promotions. Steve defended his position as he claims he's not charging a fee. The reality is that he does charge a fee and/or spilt commissions. That being said, he is getting paid for the service and promoting the service.....This belongs in promotions. Steve complains when others do this and turns around and does it himself.
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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02-16-2024, 03:47 PM #19
- 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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