[jeffcapital]

Hello Community,

Is there any lender or bank doing bank statements - term loan programs or LOC with real bank rates ( NOT MCA RATES )

All help is welcomed...

[brokerCompany]

the old guy and mica will be happy to help you. They try so hard to ride these deals

[Olderguy]

For real estate:

I have a guy licensed in Florida and California that does a bank statement program on primary residence. Can also do hard money DSCR at 7.25% on investment property nationwide.

For business:

SBA Bolt uses bank statements and etran score of 1.75 thereabouts..Fico 700+. Rate on that program is in the 13% range prime plus 4.75% 10 years.

And...

6-month bank statements for each business operating account
• Business & Personal Tax Returns (2020, 2021, & 2022)
• 12-Months Trailing interim financials (2022 & 2023)
CONSOLIDATED AND INDIVIDUALLY
• Debt schedule (Include all Promissory Notes)
• Accounts receivable (AR) and accounts payable (AP)
• Executive Summary / Teaser

THIS IS FOR ACCESS TO $1-3M WITHIN 4-14 BUSINESS DAYS IF YOU ARE ELIGIBLE.

Reach out for any of these.

[abfunders]

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.

[jeffcapital]

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...

[Olderguy]

Reach out...I have access to hedge, institutional money, and family funds. If they cash flow that's what they need. It's uncollateralized.

This is one of the programs:

-month bank statements for each business operating account
• Business & Personal Tax Returns (2020, 2021, & 2022)
• 12-Months Trailing interim financials (2022 & 2023)
CONSOLIDATED AND INDIVIDUALLY
• Debt schedule (Include all Promissory Notes)
• Accounts receivable (AR) and accounts payable (AP)
• Executive Summary / Teaser

THIS IS FOR ACCESS TO $1-3M WITHIN 4-14 BUSINESS DAYS IF YOU ARE ELIGIBLE.

[jeffcapital]

They aren't cash flowing is the reason we can't go with tax returns or financials

[Olderguy]

They aren't cash flowing is the reason we can't go with tax returns or financials

So what to they have?

Assets?
IP?
Contracts?
A/R?
A/P?
Real Estate?
Primary residence?

Without looking at all the above, don't know what canbe done.