Results 1 to 15 of 15
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06-08-2015, 09:34 AM #1
LoanMe, OK! Who Else with no Min. FICO Requirement?
I've seen LoanMe offer a client of mine a loan at 119% APR. I was truly impressed because the option remained there for no prepay. I just wondered besides them who else will make that happen for a merchant on a monthly payment? Kabbage has a min. FICO requirement.
(Other companies just seem to be hyper-broker companies that take youf deal where they know it can get funded w/ monthly payments, then turn around & pay you 1-3 pts on it).
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06-08-2015, 10:24 AM #2
- Join Date
- Mar 2015
- Posts
- 11
LoanMe, OK! Who Else with no Min. FICO Requirement?
we will look at the file. and you will make more than 1-3 points on any deal we get funded.
paulc@pccapitalfunds.com
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06-08-2015, 05:20 PM #3
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06-09-2015, 10:22 AM #4
- Join Date
- Dec 2013
- Location
- Connecticut
- Posts
- 332
What kind of business profile are the clients? True monthly payment deals direct with the lender only pay out 1-4 points, those being for the well qualified.
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06-09-2015, 02:32 PM #5
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06-09-2015, 05:11 PM #6
- Join Date
- Dec 2013
- Location
- Connecticut
- Posts
- 332
Fundation & Funding Circle for Hospitality (low points) Metrix for Construction
Isaiah Clark
General Merchant Funding
Hartford, CT 06103
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06-09-2015, 06:30 PM #7
Okay. Thanks. I know those guys.
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06-15-2015, 12:07 PM #8
- Join Date
- Jun 2015
- Posts
- 16
718-408-8999 ext 1008
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07-07-2015, 03:45 PM #9
- Join Date
- Nov 2014
- Posts
- 438
LoanMe Business
949-535-7798
Email: Business.Loans@LoanMe.com
www.loanme.com/SBL-partner
1900 S State College Blvd. Suite 300
Anaheim, CA 92806
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08-14-2015, 09:23 PM #10
- Join Date
- May 2015
- Posts
- 33
There are a few no min fico loan types here with sample terms and rates
http://michaellewisgroup.com/commerc...oan-forms.html
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11-03-2015, 02:38 PM #11
As far as qualifications go, I would just need 6 months bank statements and a collateral asset worksheet reflecting all real estate owned by the borrower in addition to our 1 page application. Loan amounts are typically 2x-3x the amount of the averaged gross deposits and we can fund in 3-7 business days. Just something to consider for future deals. If you'd like to learn more about or products please contact me directly 201-210-8552 or paul@oracleloans.comLast edited by pmoney; 02-08-2016 at 11:08 AM.
Paul Marzolla
CEO @ GreenBridge Loans
______________________________________________
Main: (800) 677-5771
Email: paul@greenbridgeloans.com
Connect with me on LinkedIn
Click to download our Partner Agreement
______________________________________________
GreenBridge Loans
221 River St, 9th Fl
Hoboken, NJ 07030
www.greenbridgeloans.com
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11-13-2015, 10:46 PM #12
- Join Date
- Apr 2014
- Location
- Washington DC
- Posts
- 421
Breakout Capital is a direct lender with no minimum FICO, and aggressive on pricing. Our payout structure is 5% on both initial deal and renewals -- we understand that commission rate is below market, but our pricing is extremely competitive and a great option if pricing and payment flexibility is a pressure point. We offer both loans and advances. Our advance structure is summarized below, and loans we can be more aggressive on. We will fund as low as $2.5K up to $100k. We do daily, weekly, and monthly payments (bulk are weekly). 3 to 12 month deals. We also offer early payoff options on every advance and loan -- not just no-prepayment penalty, but the ability to get out of the loan or advance by just repaying the remaining principal/funded amount. We are a first position funder only -- if there are other funder(s), will take them out with no minimum requirement on amount actually received by the business. Check us out at www.breakoutfinance.com.
Standard products:
6 Months
- As Low As 1.08x
- Average 1.23x
9 Months
- As Low As 1.12x
- Average 1.25x
12 Months
- As Low As 1.15x
- Average 1.28x
Contact me or our sales team to learn more -- 703-852-6010 or carl@breakoutfinance.com. My full contact information is below.
Carl R. Fairbank
Chief Executive Officer
Breakout Capital Finance, LLC
6849 Old Dominion Drive, Suite 360, McLean, VA 22101
O: 703 852 6008 I Toll Free: 888 318 3534
carl@breakoutfinance.com I www.breakoutfinance.comLast edited by Cfairbank; 11-13-2015 at 11:04 PM. Reason: added point (early payoff options)
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11-13-2015, 11:34 PM #13
- Join Date
- Apr 2015
- Location
- Florida, First MCA sold in 85/ WS in 76. CFP/RIA, series 3,6,7,8,10,63,Ins218,220.
- Posts
- 554
Please send ISO agreement
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11-13-2015, 11:34 PM #14
- Join Date
- Apr 2015
- Location
- Florida, First MCA sold in 85/ WS in 76. CFP/RIA, series 3,6,7,8,10,63,Ins218,220.
- Posts
- 554
Please send ISO agreement to me.
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11-14-2015, 12:20 AM #15
- Join Date
- Apr 2014
- Location
- Washington DC
- Posts
- 421
will do. Please DM me your email address.
Carl R. Fairbank
Chief Executive Officer
Breakout Capital Finance, LLC
6849 Old Dominion Drive, Suite 360, McLean, VA 22101
O: 703 852 6008 I Toll Free: 888 318 3534
carl@breakoutfinance.com I www.breakoutfinance.com
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