Any Bank Statement program with Simple Interest loans/LOC with bank rates out there?
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  1. #1
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    the old guy and mica will be happy to help you. They try so hard to ride these deals

  2. #2
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    Quote Originally Posted by brokerCompany View Post
    the old guy and mica will be happy to help you. They try so hard to ride these deals
    Not interested in "riding" these deals these days, I have programs that are far more worth my ROI.

    BANKS do bank loans. Cheap underwriting for bank rates will get you in big trouble in no-time, remember the EIDL? If you recall, this site is owned by the same guy who makes the DEbanked shows and alternative lending industry so real bankers aren't here What you're looking for is a way to monetize the banks.

    Oh, if you're looking for factoring companies that are owned by banks, then yes, there are a few that hang around here.

    You can check out Loanbud for the SBA Bolt program, email me, I'll introduce you.

  3. #3
    Can't do SBA... Client is maxed out his SBA eligibility of 5M... Need a bank or lender that will approve based on bank statements for a term loan. Client is not going to take a MCA. He is doing over 1M per month.. Not looking for factoring either...

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