Results 1 to 10 of 10
  1. #1
    Senior Member Reputation points: 4145
    Join Date
    Sep 2014
    Posts
    172

    Whos is left in term loan and non mca unsecured loan space?

    Funding Circle - still taking deals from Brokers Up to 500K
    Dealstruck - Still taking deals from Brokers up to 350
    Street Shares - up to 100k
    Bluevine - up to 50k
    Fundation - Cancelling brokers
    Able - Cancelled all Brokers
    Kabbage - Cancelled all Brokers

    who am I missing?

  2. #2
    Senior Member Reputation points: 6411
    Join Date
    Aug 2015
    Location
    Boulder, CO
    Posts
    751

    While I don't have the big name that some of these guys do, certainly add Funding Strategy Partners to the mix:

    Funding Strategy Partners: Will always take deals from brokers. Minimum funding: $100k, Max Funding: $2MM

    Best,

    Dan Page
    dan@fundingstrategypartners.com
    Direct: (303) 938-8280

  3. #3
    Quote Originally Posted by michaelh View Post
    Funding Circle - still taking deals from Brokers Up to 500K
    Dealstruck - Still taking deals from Brokers up to 350
    Street Shares - up to 100k
    Bluevine - up to 50k
    Fundation - Cancelling brokers
    Able - Cancelled all Brokers
    Kabbage - Cancelled all Brokers

    who am I missing?
    QuarterSpot - deals up to $150k and 18th months. No PG. No UCC. No prepayment penalty. https://www.quarterspot.com/partner-registration

  4. #4
    Senior Member Reputation points: 287 1StopFunding's Avatar
    Join Date
    Feb 2014
    Location
    Atlanta
    Posts
    294

    Whos is left in term loan and non mca unsecured loan space?

    What's that about Fundnation? Just got an email from them last week about the newly launched partner portal.
    Cheryl Tibbs- General Manager
    Equipment LeaseCo Inc
    www.equipmentleaseco.com

  5. #5
    Member Reputation points: 385 BoostAaron's Avatar
    Join Date
    Mar 2016
    Location
    Buffalo, NY
    Posts
    49

    I feel like all we're going to hear is crickets now that Dan has chimed in... It's a pretty vacant space, much to the dismay of many direct advance funders such as ourselves looking for homes for traditional deals.
    Aaron McCarthy | Senior Account Executive
    352 Sonwil Drive | Buffalo, NY 14215
    Direct Funder up to $150k
    A,B,C&D Paper

    Direct (516) 209.2159
    Mobile (716) 348.1660
    Fax (888) 848.0109
    www.fundingmerchantsource.com

    A+ Rated with the BBB: http://www.bbb.org/losangelessilicon...each-ca-268003

  6. #6
    Senior Member Reputation points: 53998
    Join Date
    Dec 2014
    Location
    Quogue, NY
    Posts
    1,077

    We deploy our own Capital on deals that we feel need a bridge to longer term credit facilities. If a client has been a decline from any of the folks mentioned above and needs a home while they are preparing to be re-submitted what we offer might be ideal:

    Program guideline- 14 monthly payments

    Consolidations are welcome without any cash out percentage needed

    Prefer to deal with firms that have assets on the balance sheet

    There needs to be a projected profit in Debt service coverage with new facility

    If there is FICO damage to the guarantor, it must something that will ultimately allow them to be placed to a longer term facility in near future

    No Judgments or Tax liens (unless in a documented payment plan)

    We must be senior debt

    Again: this is a Bridge... Not a 3-10 year facility

    Business Capital Consultants
    775 Park Avenue Suite 255
    Huntington, NY 11743

    Direct 516 510 3855

    www.businesscapitalconsultants.com

  7. #7
    Member Reputation points: 11
    Join Date
    Apr 2015
    Location
    New York City & Florida
    Posts
    73

    When did Able cancel brokers ?

  8. #8
    LoanMe is here. Unsecured loans up to $75k.
    LoanMe, Inc
    949-535-7798
    Email: Business.Loans@LoanMe.com

    1900 S State College Blvd. Suite 300
    Anaheim, CA 92806 www.loanme.com
    www.loanme.com/SBL-partner

  9. #9
    Sponsor Reputation points: 54501
    Join Date
    Dec 2013
    Posts
    4,728

    from what i hear some of the High Risk shops are at the drawing board to perhaps enter the A paper space...
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  10. #10
    Senior Member Reputation points: 29049 Zach's Avatar
    Join Date
    Nov 2013
    Posts
    1,712

    WBL can structure multi-year transactions. Plus, we are much less strict on financials than our competitors -- most deals don't even require P&L or Balance Sheet.
    Zachary Ramirez CEO
    Phone: 714-516-8110
    Email: zramirez@usacapitalco.com
    www.uscap.co

    1661 N. Raymond Ave #265
    Anaheim CA 92801

Similar Threads

  1. $500,000 Term Loan
    By eljets11 in forum Deal Bin
    Replies: 7
    Last Post: 02-25-2016, 06:36 PM
  2. Unsecured $100,000 Loan or LOC Needed
    By Fundyman in forum Deal Bin
    Replies: 2
    Last Post: 11-19-2015, 06:04 PM
  3. Replies: 9
    Last Post: 09-24-2015, 03:08 PM
  4. Looking for buyout of 130k left on loan
    By Max Goldbar in forum Deal Bin
    Replies: 6
    Last Post: 06-20-2015, 01:18 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •