Term Loans
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  1. #1

    Term Loans

    Does anyone know of a company that does term loans with 680 FICO and pay good commission to ISO's?

  2. #2
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    Term Loan = Lower Rate = No Room for High Commissions. You are offering a better alternative service... What type of commissions are you looking for? There are companies who qualify for the 680+ credit rating, but if you are going to waste time by being concerned about commission rates rather than a reputable company that will get your file done- there is no point.

    FYI- Depending on the amount you are looking at 1%- MAYBE 5%. Like stated in other forums- there is opportunity to charge your own PSF with some companies, the risk will be entirely in your court if you get paid or not.
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  3. #3
    Thanks Amanda! I just called to see if you did term loans. 1 to 5% is fine with me. Thanks in advance.

  4. #4
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    Quote Originally Posted by wallerbusiness View Post
    Thanks Amanda! I just called to see if you did term loans. 1 to 5% is fine with me. Thanks in advance.
    Give Bob a call.
    Amanda Kingsley
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  5. #5

    Term Loans

    Just call funding circle or fundnation for term loans

  6. #6
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    Cash man770- there are many lenders who offer term loan at single digit pricing and for terms up to ten years.
    Amanda- thanks for the plug

  7. #7
    Quote Originally Posted by bdshaw View Post
    Cash man770- there are many lenders who offer term loan at single digit pricing and for terms up to ten years.
    Amanda- thanks for the plug
    ok but:

    a. how long does it take to close these loans
    b. does every state do it
    c. commission

  8. #8
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    Anyone here can access term loans in single digits by looking into Smartbizloans.com. Scott Blum is the sales and marketing VP that can get you going. These are SBA loans backed by Golden Pacific Bank. Like all lenders they have their strengths and weaknesses..

  9. #9
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    shoot me an email at nathaniel@instafundllc.com

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