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03-08-2024, 03:08 PM #4
- Join Date
- Nov 2015
- Location
- Long Beach, CA
- Posts
- 54
We have a product similar to the SBA Bolt but an internal loan program NON SBA called Scored loan that with 675+ credit in business 2yrs and dscr 1.05+ recent filed tax return No Car dealers but Trucking ok.
Tax Liens ok with payment plan in place.
25k-150k
rates: 15.99-17.99 with 3% org fee(How we get paid).
3yr(no prepay penalty) 5yr (Prepay penalty) I would consider a step below but not too bad for the customer. Unfortunately doesnt pay much(0.50-.75) I consider it a boutique option for those clients you've funded before or you know they just need a quick loan or dont have revenue for an MCA.
150k-500k Similar requirements difference is they will review the last 3yrs biz and personal tax returns versus the most recent filed.
Lendistrypartners.com
Al Williams III
VP Business Dev Officer
O: 213.582.8215
albert.williams@lendistry.com
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