what MCA or banks are doing monthly payments or bi monthly
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  1. #1

    what MCA or banks are doing monthly payments or bi monthly

    looking for a bank or MCA to do monthly payments or bi monthly. what companies out there are doing these kinds of deals.

  2. #2
    Senior Member Reputation points: 325 Ryan Shiroky's Avatar
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    Fundation does a 3-5 year interest based loan, land the client in the mid teens... Gary Lockwood is the man...

  3. #3
    Senior Member Reputation points: 20465 Fundyman's Avatar
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    Quote Originally Posted by Ryan Shiroky View Post
    Fundation does a 3-5 year interest based loan, land the client in the mid teens... Gary Lockwood is the man...
    They do construction as well?

  4. #4
    Senior Member Reputation points: 1422
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    If the package is clean and there debt/asset coverage ratio is high. You can try Metrix, Loan Me and Funding Circle (similar to Fundation underwriting).
    Isaiah Clark
    General Merchant Funding
    Hartford, CT 06103

  5. #5
    Chris -
    We can do this. We have a group of alternative lenders that have hybrid loans that will do monthly/bi-monthly payments.
    I'd be willing to help.

    ~Keith
    Founder ACA Academy - Educating Sales Professionals to Succeed in the Alternative Lending Industry

    Author of Forthcoming Book - "The Lil' Black Book"

    klamere@acafundingusa.com
    (608)312-3685


    To see Keith's LinkedIn Profile Click Here ------->https://www.linkedin.com/profile/vie...ve_tab_profile

  6. #6
    Chris,

    Celtic Bank offers working capital loans up to $150K with monthly payments, 10-year terms, no prepayment penalties, and low interest rates (Prime + 2.75%).

    Give me a call to discuss...

    Roger Shumway
    V.P., Celtic Bank
    801-320-6518

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