Results 1 to 8 of 8
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02-28-2016, 02:23 AM #1
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.
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02-28-2016, 09:16 AM #2
- Join Date
- Apr 2014
- Location
- Washington DC
- Posts
- 421
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
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02-28-2016, 11:08 AM #3
- Join Date
- Dec 2015
- Posts
- 51
Dealstuck for Small-sized Businesses
How many do they pay?
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02-28-2016, 01:24 PM #4
- Join Date
- Apr 2014
- Location
- Washington DC
- Posts
- 421
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
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02-29-2016, 12:41 AM #5
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03-02-2016, 04:45 PM #6
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!
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03-02-2016, 04:46 PM #7
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03-03-2016, 03:57 PM #8
- Join Date
- Apr 2014
- Location
- Washington DC
- Posts
- 421
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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