Is it possible to get something lower that 8%
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  1. #1
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    Quote Originally Posted by Peter Parker View Post
    Hey everyone, I spoke with a client making around $80,000 to $100,000. He already has options for an 8% loan and is interested in anything less than that, as well as a line of credit. To the older guy, I know it's Tuesday; your magic lamp won't work. I don't want anything to work, I just want to see if there is anything that can be less than 8%.

    If yes then tell me what information you need from him. I hook you up with it.

    ZERO percent interest credit card

  2. #2
    Quote Originally Posted by brokerCompany View Post
    ZERO percent interest credit card
    The client is looking for a normal business loan, Not CC but thanks anyway. I'll move him to achieve

  3. #3
    Senior Member Reputation points: 78889 Olderguy's Avatar
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    Quote Originally Posted by Peter Parker View Post
    The client is looking for a normal business loan, Not CC but thanks anyway. I'll move him to achieve
    You can transfer funds from the CC to business account at a 6% fee I believe. But there is a fee for the CC.
    Steve Benjamin
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    @ 24 hour funding working capital loans
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  4. #4
    Hah ! Really? How does that work? Doesn't it affect the credit score? And about the fee, Is it one time?

  5. #5
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    Quote Originally Posted by Peter Parker View Post
    Hah ! Really? How does that work? Doesn't it affect the credit score? And about the fee, Is it one time?
    If you use business credit cards that to NOT report to the personal credit (as long as they're in good standing), then no, it doesn't affect the personal credit. Just like a business loan/SBA doesn't show up, even though there's a PG behind it.

  6. #6
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    But it's not as expensive as Steven makes it sound to be.

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