Results 26 to 27 of 27
-
Yesterday, 03:44 PM #26Steve 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.
-
Today, 11:33 AM #27
Reputation points: 4282
- Join Date
- Dec 2023
- Posts
- 53
There's a lot of confusion between SBA SOP and whatever banks layer on top as part of their own credit policy. I've gotten declines from underwriters in the past who blame x as being in violation of SBA guidelines when in fact it's not SBA SOP at all, it was the banks additional, internal credit policy for SBA deals that was the sticking point. But upside there - and to your point - it opens the door to shopping it to other banks or non-bank SBA lenders that don't have that policy or may be more flexible on that particular sticking point.
Similar Threads
-
Actual default lenders and High Risk Lenders
By FunderFunding in forum Merchant Cash AdvanceReplies: 24Last Post: 01-19-2022, 04:59 PM -
In need of mca consolidation lenders and invoice factoring lenders asap
By VersaBusinessSystems in forum Deal BinReplies: 2Last Post: 07-26-2021, 04:33 PM -
updated list of lenders still funding (lenders please respond)
By fundmonster in forum Deal BinReplies: 15Last Post: 04-02-2020, 06:20 PM -
Need lenders for canada now!!! Commercial lenders, equipment fin., biz loans, pls!!!
By Fundyman in forum Deal BinReplies: 3Last Post: 06-19-2019, 02:42 PM -
Which lenders require a California Finance Lenders Law License
By RogueCaliISO in forum Merchant Cash AdvanceReplies: 10Last Post: 06-21-2018, 03:10 PM