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  1. #1
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    TOP SBA Lender

    Who is the best/easiest SBA lender to work with? Props if you can make an intro

  2. #2
    Senior Member Reputation points: 72961 Olderguy's Avatar
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    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.

  3. #3
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    Thanks for that... I need SBA 7 (a), SBA 504 and SBA Express lenders!

  4. #4
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    Quote Originally Posted by CT3 View Post
    Thanks for that... I need SBA 7 (a), SBA 504 and SBA Express lenders!
    Do a search on the SBA web site for lenders.
    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

  5. #5
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    I was looking for some intro's so I could get commissions

  6. #6
    Senior Member Reputation points: 72961 Olderguy's Avatar
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    Quote Originally Posted by CT3 View Post
    I was looking for some intro's so I could get commissions
    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.

  7. #7
    Senior Member Reputation points: 338677
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    Quote Originally Posted by CT3 View Post
    Who is the best/easiest SBA lender to work with? Props if you can make an intro
    Do some research on the Coleman Report website. There are a ton of SBA resources on the site.
    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

  8. #8
    Senior Member Reputation points: 72961 Olderguy's Avatar
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    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.

  9. #9
    Senior Member Reputation points: 84416
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    Quote Originally Posted by CT3 View Post
    I was looking for some intro's so I could get commissions
    Sent you a PM
    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

  10. #10
    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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