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  1. #1
    Senior Member Reputation points: 39760
    Join Date
    Oct 2014
    Location
    Naples, FL
    Posts
    474

    640 Experian + 2 yrs of biz tax returns = SBA Microloan up to $50k (MCA's ok, Losses on Tax ok, existing loans inc. SBA ok)

    Lower credit score requirement than before (690).
    Only 8 documents needed to fund (2 yrs taxes, 3 months banks, ID, 2 apps.)
    No personal taxes required.
    Funds in 10 business days.
    Funds received SAME DAY as funding docs signed.

    Promo: SBA is waiving all origination fees until Sept. Approved for $50,000... get $50,000 in the bank account.

    Monthly payment is approx $810 right now. A month. 120 months, and can be prepaid at any time with 0 penalties.

  2. #2
    Quote Originally Posted by Steven_O View Post
    640 Experian + 2 yrs of biz tax returns = SBA Microloan up to $50k (MCA's ok, Losses on Tax ok, existing loans inc. SBA ok)

    Lower credit score requirement than before (690).
    Only 8 documents needed to fund (2 yrs taxes, 3 months banks, ID, 2 apps.)
    No personal taxes required.
    Funds in 10 business days.
    Funds received SAME DAY as funding docs signed.

    Promo: SBA is waiving all origination fees until Sept. Approved for $50,000... get $50,000 in the bank account.

    Monthly payment is approx $810 right now. A month. 120 months, and can be prepaid at any time with 0 penalties.
    Interesting, have not run across a microlender that works directly with brokers before. I've done a lot of those in my prior life, very familiar with the program.

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