Who are the best term loan lenders out there?
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  1. #1

    Who are the best term loan lenders out there?

    Looking for lenders that will ACTUALLY do 2-5 year terms. TIA!

  2. #2
    Senior Member Reputation points: 68639 Olderguy's Avatar
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    SmartBiz can access a couple.
    Steve Benjamin
    Professional Business Loans

    1012 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.

  3. #3
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    Quote Originally Posted by ONEFUND View Post
    Looking for lenders that will ACTUALLY do 2-5 year terms. TIA!
    Scores over 640? 675?

  4. #4
    Winglake-was franklin-good for overleveraged merchants
    smartbiz good for under 350k express
    ARF- they are meh
    several a-tier lenders have options out to 3-5 years from their pool

    there are a few others but do the work and find out yourself

  5. #5
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    Quote Originally Posted by ONEFUND View Post
    Looking for lenders that will ACTUALLY do 2-5 year terms. TIA!
    SBA and several Banks that offer terms loans - to qualified merchants
    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

  6. #6
    Senior Member Reputation points: 68639 Olderguy's Avatar
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    Quote Originally Posted by FINTEGIC View Post
    Winglake-was franklin-good for overleveraged merchants
    smartbiz good for under 350k express
    ARF- they are meh
    several a-tier lenders have options out to 3-5 years from their pool

    there are a few others but do the work and find out yourself
    Winglake (distressed merchant funding) is very expensive, and is pretty much full docs and takes a month which doesn't work for distressed merchants. (and requires money up front)

    SmartBiz uses Funding Circle and Tab Bank and can do up to $500,000, 5 years

    ARF - max 3 years.
    Last edited by Olderguy; 03-29-2024 at 06:40 PM.
    Steve Benjamin
    Professional Business Loans

    1012 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.

  7. #7
    Quote Originally Posted by ONEFUND View Post
    Looking for lenders that will ACTUALLY do 2-5 year terms. TIA!
    im on with a few banks. I can help if the merchant is qualified

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