Results 1 to 7 of 7
-
03-19-2015, 03:00 PM #1
- Join Date
- Mar 2015
- Posts
- 4
Term Loans
Any lenders out there doing term loans with low APRs that do quick approvals? 400-500k deal, clean business.
-
03-20-2015, 10:33 AM #2
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
No one will fit your criteria, however, if the customer has several weeks to wait we might be able to help.
I would start with a conversation better understand the client and their needs.
Bob Shaw
734.929.3800
rshaw@advancecredit.com
-
03-20-2015, 11:21 AM #3
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
If the deal is clean: Profitable, Strong Balance Sheet, Principal has strong credit, have decent cash flow, and have been in business 2+ years- 10 business days is a realistic timeframe to close.
Gathering and submitting documentation is what typically takes up a day or two.. Factor that in..
Richard 516 510 3855
www.businesscapitalconsultants.com
-
04-13-2015, 01:04 PM #4
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Richard, who charging bank rates will close that quickly?
I've been doing this for 40 years and have never met one.
-
04-13-2015, 01:22 PM #5
- Join Date
- Jun 2014
- Posts
- 59
Sounds like Funding Circle or Fundation.
-
04-13-2015, 02:34 PM #6
-
04-28-2015, 01:25 PM #7
- Join Date
- Apr 2015
- Posts
- 188
What's there annual revenue?
If revenue is good and have properties to collateralize, we can find a term which you are looking for.
Shoot me an email at nathaniel@instafundllc.com
Similar Threads
-
Term Loans
By wallerbusiness in forum Business LoansReplies: 8Last Post: 05-04-2015, 05:45 PM -
need 3-5 year term
By Elishapep in forum Deal BinReplies: 2Last Post: 04-14-2015, 10:19 PM -
Long Term Funder
By David35 in forum Merchant Cash AdvanceReplies: 4Last Post: 02-23-2015, 10:27 AM -
term loans
By Paperchaser in forum Business LoansReplies: 13Last Post: 12-11-2014, 06:42 PM -
Sba loans/real estate/assett based loans
By getlikwid247 in forum Business LoansReplies: 9Last Post: 11-10-2014, 09:45 PM