Term Loans
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  1. #1

    Term Loans

    Any lenders out there doing term loans with low APRs that do quick approvals? 400-500k deal, clean business.

  2. #2
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    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

  3. #3
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    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

  4. #4
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    Richard, who charging bank rates will close that quickly?
    I've been doing this for 40 years and have never met one.

  5. #5
    Sounds like Funding Circle or Fundation.

  6. #6
    Veteran Reputation points: 135029 Chambo's Avatar
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    Quote Originally Posted by jeremy.s View Post
    Any lenders out there doing term loans with low APRs that do quick approvals? 400-500k deal, clean business.
    Terms loans with low APR's? why aren't they going to their local bank?

  7. #7
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    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

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