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  1. #1

    What direct lender goes out 15 months or more?

    Looking for direct lender that will go 15 months or more. My merchant has credit score over 620. Over 1 million in sales.

    Please advise!

  2. #2
    Ondeck as well as many others...A paper lenders

  3. #3
    If you really need to ask this question you are going to need help from an experienced broker in closing and underwriting deals. You can pm for help on this and I will split the commission 50/50. Plus you'll get valuable training for your future deals.

  4. #4
    Quote Originally Posted by cardinalequity
    Ondeck as well as many others...A paper lenders
    He'll have to pay Ondeck to join as a partner and go through a selection process. Doesn't sound like this guy has time for that.

  5. #5
    I agree with you FLY... everyone wants to go direct but not everyone is ready for the task.

    Quote Originally Posted by Fly View Post
    If you really need to ask this question you are going to need help from an experienced broker in closing and underwriting deals. You can pm for help on this and I will split the commission 50/50. Plus you'll get valuable training for your future deals.

  6. #6
    Gbr

  7. #7
    Quote Originally Posted by bostriba View Post
    Looking for direct lender that will go 15 months or more. My merchant has credit score over 620. Over 1 million in sales.

    Please advise!
    There are about 8 funders who do, PM me

  8. #8
    We have a 24 month business line of credit available to merchants that have real estate they are willing to use as collateral.

  9. #9
    Senior Member Reputation points: 11553 Eagle Funding's Avatar
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    We go out as far as 18 months

  10. #10
    Quote Originally Posted by bostriba View Post
    Looking for direct lender that will go 15 months or more. My merchant has credit score over 620. Over 1 million in sales.

    Please advise!
    For medical/health deals, ProMED Healthcare Financing has begun going out to 15 months.

  11. #11
    jotucker1983
    Guest
    As mentioned there are many A Paper lenders that will do the deal, however, the file is most likely going to have to be clean (650 plus fico, solid business credit, solid cashflow, solid financials) to qualify.
    Last edited by jotucker1983; 02-20-2015 at 03:18 PM.

  12. #12
    ProMED Healthcare Financing is now going out to 15 months. Give James Graydon a call 631-468-6325

    Quote Originally Posted by bostriba View Post
    Looking for direct lender that will go 15 months or more. My merchant has credit score over 620. Over 1 million in sales.

    Please advise!

  13. #13
    We offer up to 15 months on A paper MCA submissions and 24 months on Term Loan submissions. Feel free to reach out for additional information.
    Benjamin Lugassy
    SOS Capital
    blugassy@soscapital.com
    P:212-235-5462
    F:212-235-5459
    www.soscapital.com

  14. #14
    Senior Member Reputation points: 3418 kevin85k's Avatar
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    Quote Originally Posted by ben2020 View Post
    We offer up to 15 months on A paper MCA submissions and 24 months on Term Loan submissions. Feel free to reach out for additional information.
    Ben, you're a little late to the party buddy. This post was from 6 years ago. BUT good to know.

  15. #15
    Senior Member Reputation points: 203054
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    Quote Originally Posted by kevin85k View Post
    Ben, you're a little late to the party buddy. This post was from 6 years ago. BUT good to know.
    lolol

  16. #16
    How much time do you guys have to go back 6 years on this site?

  17. #17
    We go out to 18 months if it's dental we can do 24

  18. #18
    Senior Member Reputation points: 3418 kevin85k's Avatar
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    Quote Originally Posted by jjrouss View Post
    We go out to 18 months if it's dental we can do 24
    Who are you with? Post info

  19. #19
    Senior Member Reputation points: 38639 patrickw's Avatar
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    Ondeck Ondeck Ondeck!
    Patrick Wilson
    Managing Partner
    www.PremierCapitalNetwork.com

    (NO MORE LENDER/FUNDER CALL PLZ)

  20. #20
    Kapitus goes out to 36mo

  21. #21
    Senior Member Reputation points: 3610
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    Mulligan just released 24 months as low as 1.15 br

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