Business Backer
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  1. #1

    Business Backer

    What in the world! Anybody else seeing what I'm seeing as far as there rates??

  2. #2
    Senior Member Reputation points: 12878
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    *Their

    Yes, TBB has always had very competitive rates and terms. So has CAN

  3. #3
    Senior Member Reputation points: 1240
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    Yes, I saw my 1st funding agreement from Business Backer last week and it was pretty attractive.

  4. #4
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    Quote Originally Posted by Bank View Post
    Yes, I saw my 1st funding agreement from Business Backer last week and it was pretty attractive.
    Are you a funder or broker?

  5. #5
    Veteran Reputation points: 135672 Chambo's Avatar
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    Their rates a good...not the best. Their strong points are the add ons vis a vis refying, and their more liberal SIC CODE policy. Paying commissions same day as funding is also a plus.

    I've told them several times over the years...if they could just speed it up a bit and stop the bureaucracy? I'd never go anywhere else

  6. #6
    Senior Member Reputation points: 23702
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    Quote Originally Posted by nrh1lp View Post
    Are you a funder or broker?
    They fund their own brokered deals. With someone else's funds.

  7. #7
    Senior Member Reputation points: 8723 helpinghand's Avatar
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    They're outrageous... they expected Silicon Valley Bank to subordinate and take a back seat to their cash advance.

    Their agreement is also a loan disguised as a cash advance.

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