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06-10-2024, 10:45 PM #1
- Join Date
- Oct 2020
- Posts
- 129
TOP SBA Lender
Who is the best/easiest SBA lender to work with? Props if you can make an intro
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06-10-2024, 10:48 PM #2
It doesn't work that way....I have 6+ SBA lenders and each has a niche....and program...
Some 7A
Some 504
SmartBiz can do up to $500K but doesn't pay a referral fee - just 2%Steve Benjamin
Professional Business Loans
522 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.
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06-10-2024, 11:00 PM #3
- Join Date
- Oct 2020
- Posts
- 129
Thanks for that... I need SBA 7 (a), SBA 504 and SBA Express lenders!
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06-10-2024, 11:10 PM #4
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,995
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
Office: 727-233-1111
Skype: fc-financial
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06-10-2024, 11:44 PM #5
- Join Date
- Oct 2020
- Posts
- 129
I was looking for some intro's so I could get commissions
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06-11-2024, 12:37 AM #6
It's a lot more complicated than that....I do a lot of co-brokering for these types of loans and split commissions.
You have to look at cash flow, DTI, projections, return on investment (impact on EBIDTA), collateral, etc.
You have to take a tax return, pull out depreciation, officer's salaries, interest expense....and then look at net income...and do cash flow analysis.
To get these types of loans funded does require a skill set outside of the MCA arena.
You just can't say "I'm going to get a SBA to take out all this MCA debt."
Reach out and I can give you some guidance.Last edited by Olderguy; 06-13-2024 at 09:13 AM.
Steve Benjamin
Professional Business Loans
522 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.
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06-11-2024, 01:24 PM #7
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,995
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
Office: 727-233-1111
Skype: fc-financial
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06-11-2024, 06:59 AM #8
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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06-11-2024, 09:08 AM #9
https://visitor.r20.constantcontact....ZK3L0LloLjA%3D
Not going to do a lot of good for somebody new though.Last edited by Olderguy; 06-11-2024 at 09:28 AM.
Steve Benjamin
Professional Business Loans
522 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.
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06-11-2024, 05:17 PM #10
- Join Date
- Apr 2024
- Posts
- 36
CT3, I am also in MCA space, but i also do Real estate Investment Properties and SBA Loans and i only do it with Steve,
He is Trustworthy and has a clear understanding on how to Successfully navigate thru these 2 Arenas when it gets complicated.
I have made money with him, and i continue to make money with him, He represents the clients well being @ 100%
Also know there is a lot of paperwork involved and Steve does that as well it would take up a lot of your valuable time.
Good Luck with everything.
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