Sole Prop Multiple MCAs $25k does $15k a month
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  1. #1

    Sole Prop Multiple MCAs $25k does $15k a month

    Any direct lenders out there that can help?

  2. #2
    Senior Member Reputation points: 129241 Olderguy's Avatar
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    overleveraged.

    see if he qualifies for a personal loan - need 680+ score and proof of personal income
    Asset based loan - real estate, etc
    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
    Unfortunately they don't qualify. They know they made a mistake and are overleveraged that is why they are trying to get consolidated into a longer term

  4. #4
    Senior Member Reputation points: 129241 Olderguy's Avatar
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    Quote Originally Posted by Chrisjpierce23 View Post
    Unfortunately they don't qualify. They know they made a mistake and are overleveraged that is why they are trying to get consolidated into a longer term
    reduce the payments with the lenders..do it directly and don't hire a firm for it.
    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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