Dealstuck for Small-sized Businesses
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  1. #1
    Senior Member Reputation points: 20465 Fundyman's Avatar
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    Dealstuck for Small-sized Businesses

    Dealstruck has a minimum revenue requirement of $15,000/month.
    Who does the monthly payment structure for small sized businesses that need capital at the same rate as Dealstruck?
    I'm talking 2-4 yr loan at low rates, paying weak commissions, etc...
    Need small business loan for small revenue businesses of all types.
    Last edited by Fundyman; 02-28-2016 at 02:27 AM.

  2. #2
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    Streetshares would be the best alternative I know of for that sized deal, though they only offer weekly I believe -- low rate, up to three year terms, focused on small deals. Only issue is they don't work with a ton of brokers, their origination model is the old MBNA affinity model. if you want an intro, PM or email me (not looking to co-broker, just know them pretty well). www.streetshares.com
    Carl Fairbank
    Founder & CEO boldMODE
    www.boldmode.com
    Carl@boldmode.com
    Founder & former CEO of Breakout Capital (sold to SecurCapital in 2019)
    www.breakoutfinance.com

  3. #3

    Dealstuck for Small-sized Businesses

    How many do they pay?

  4. #4
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    Quote Originally Posted by fundnow View Post
    How many do they pay?
    Not exactly sure, I know their mgmt team, but I don't broker deals to them. It should be similar to dealstruck (a couple of points) which isn't much for smaller deals. But for low rates with long terms, doubt you can find a company paying 5 pts. And they focus only on small deals.
    Carl Fairbank
    Founder & CEO boldMODE
    www.boldmode.com
    Carl@boldmode.com
    Founder & former CEO of Breakout Capital (sold to SecurCapital in 2019)
    www.breakoutfinance.com

  5. #5
    Senior Member Reputation points: 20465 Fundyman's Avatar
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    Quote Originally Posted by Cfairbank View Post
    Not exactly sure, I know their mgmt team, but I don't broker deals to them. It should be similar to dealstruck (a couple of points) which isn't much for smaller deals. But for low rates with long terms, doubt you can find a company paying 5 pts. And they focus only on small deals.
    Just what a few of my clients are looking for. PM sent.

  6. #6
    Senior Member Reputation points: 20465 Fundyman's Avatar
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    pay 3 pts without allowing extra fees from you

    Great set of folks! Thanks, Carl. Only scary hurdle is that the applicant can't have more than 6 inquiries within the past 6 months... I'm thinking "who's gonna qualify..???" Other than that, excellent lending model!

  7. #7
    Senior Member Reputation points: 20465 Fundyman's Avatar
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    Quote Originally Posted by fundnow View Post
    How many do they pay?
    3pts flat. You can't charge outside fees.

  8. #8
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    Great! I did not know about their 6 inquiry restriction...
    Carl Fairbank
    Founder & CEO boldMODE
    www.boldmode.com
    Carl@boldmode.com
    Founder & former CEO of Breakout Capital (sold to SecurCapital in 2019)
    www.breakoutfinance.com

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