[QuickCA]

Anyone familiar with the lenders that are providing Term Business Loans? Other than Funding Circle. I heard there is a company that will do a quarterly payment for term loans 2-5 years. Merchant has to show interim financials and 3 years business taxes and 1 yr personal taxes. Also, merchant does not have to show profit on tax return.

[FCF Fund]

If its Metrix thats offering you that quarterly payment I wouldnt recommend it. DealStruck is good, a little slow but their pricing is strong, all else being equal they offer up to 25% of annual revenues.

Most term loan lenders need to see a profit in at least 1 of 2 years reported tax income.

[dpFund]

I am a direct lender and we provide the equivalent structure of a term loan (one year term with monthly payments). Not sure if that is a fit for what you seek or not. Technically we are more like a factor in that we purchase future revenue, except that we are not purchasing any specific contract, receivable, etc. We are simply purchasing a portion of future company revenue over a twelve month term, with monthly payments. Clients can pre-pay remaining principle after six months with no fees/penalties.

Clients use our funds for expansion capital and/or MCA consolidation.

Let me know if you are interested in discussing.

Best,

Dan Page
Direct: (303) 938-8280
dan@fundingstrategypartners.com

[RichardGerard]

We are not a Direct Lender however we are a Business Consulting Firm that works at arms length with Banks, Lenders, and Investors that are pleased to consolidate files where the Client's Financial Fitness is strong- especially after diminishing the debt service associated with their ACH debits. We can extend terms out to 36 months, however 18-24 months (with bi weekly payments) is more realistic on those files that are leveraged (stacked).

If a firm has shown a profit (even with their daily payments) they are likely a strong candidate for the Lenders we work with.. Dissimilar to Dan our model is not revenue driven it's profit and balance sheet driven.

Regards,

Richard
Direct 516 510 3855

www.businesscapitalconsultants.com