Results 1 to 10 of 10
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06-23-2016, 12:59 PM #1
- Join Date
- Mar 2015
- Posts
- 85
Who here does SBA? Restaurant needed strong financials weak collateral - Let me know
If you have a good avenue for SBAs contact me through inbox or through this thread - I need to help this guy out, a good merchant of mine in the past looking to secure a large SBA loan. Sub-Broker OK on this one with an agreement.
Thanks
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06-23-2016, 01:07 PM #2
- Join Date
- May 2016
- Posts
- 148
Smart Biz Loans. Pretty efficient and quick if you prep your clients for the process ahead of time with what docs they need, takes anywhere from 4-8 weeks typically.
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06-23-2016, 01:13 PM #3
- Join Date
- Mar 2015
- Posts
- 85
Didn't fit smart biz model - not enough collateral for Celtic - wondering if there is anybody else
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06-23-2016, 01:36 PM #4
- Join Date
- Jan 2016
- Posts
- 435
Can you give any more details? SBA loans can get very gritty and for all we know your merchant may not have a strong enough FICO, not saying that is the case here but you get the point
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06-23-2016, 01:49 PM #5
- Join Date
- Mar 2015
- Posts
- 85
780 FICO - cause for decline has been that he has too much outstanding debt he's trying to refi with SmartBiz - and he doesn't have enough collateral to pledge for Celtic.
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06-23-2016, 02:02 PM #6
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06-23-2016, 03:09 PM #7
- Join Date
- Mar 2015
- Posts
- 85
Newtek brings up quite a few different results on google - Do you have anybody you work with you can suggest over there?
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08-14-2017, 11:52 AM #8
- Join Date
- Aug 2016
- Posts
- 118
i know the partner guy to contact is timothy isanfield or something, don;t have his e-mail, called the main number they transfered me and i left a message for him
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08-14-2017, 06:14 PM #9
- Join Date
- Feb 2017
- Posts
- 3,468
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01-30-2018, 02:26 AM #10
- Join Date
- May 2016
- Posts
- 29
I can do this one. Check us out at https://gosbaloans.com. Email me at sean@gosbaloans.com. What is the size of the loan? Are they refinancing a MCA? What is the DSCR on this one and finally where is it located?
Last edited by seanedeska; 01-30-2018 at 02:35 AM.
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