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10-28-2015, 05:52 PM #8
Loanme is good lender though I agree last resort type of funder or for those merchants who require monthly payments. You have no idea what type of rate to expect you can only give your merchant a range from 29-149%!, though we never have seen a 29% even for real good credit. And you have to hound them to find out what rate your merchant got. Also they only go by what the computer tells them almost robotic in UW.
Though they do close we had a lead filed with them and we moved on , they got it funded a couple of weeks later and we got paid.
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