Looking for Lenders that provide STRICTLY Business Line of Credit in USA and PR
Need a Funder or Vendor? START HERE

Results 1 to 9 of 9
  1. #1
    Banned Reputation points: 10
    Join Date
    Jun 2016
    Posts
    13

    Looking for Lenders that provide STRICTLY Business Line of Credit in USA and PR

    Have many borrowers looking for Business Lines of Credit in USA and Puerto Rico (NO MERCHANT CASH ADVANCE), please send me your PM with your lending guidelines and programs. Thanks

  2. #2
    Senior Member Reputation points: 337126
    Join Date
    Mar 2015
    Location
    Rock Ridge
    Posts
    3,455

    Quote Originally Posted by Gilbraltar Group View Post
    Have many borrowers looking for Business Lines of Credit in USA and Puerto Rico (NO MERCHANT CASH ADVANCE), please send me your PM with your lending guidelines and programs. Thanks
    Just sent you a PM
    Hedley Lamarr......That's Hedley

  3. #3
    Member Reputation points: 385 BoostAaron's Avatar
    Join Date
    Mar 2016
    Location
    Buffalo, NY
    Posts
    49

    Quote Originally Posted by Gilbraltar Group View Post
    Have many borrowers looking for Business Lines of Credit in USA and Puerto Rico (NO MERCHANT CASH ADVANCE), please send me your PM with your lending guidelines and programs. Thanks
    Have you reached out to Seek? They offer actual BLOC programs, but they seem to have some pretty tough UW guidelines, so it may be tough to get your deals over the line.

    Worth a try, if you haven't reached out to them already.

    Also, you may want to consider offering your client merchants some of the MCAs out there which offer a redraw facility. They often are not onerously more expensive than high-rate term loans, and offer much more flexible access to capital, similar to an actual BLOC program. You might have to sharpen your pencil a bit more for the true A Paper clients, but you'd probably close more of them by being as flexible as possible, and imploring them to follow your lead.

    Everyone wants to visit the moon, but some folks are hardly qualified to leap over a barrel...

    Just my two cents.
    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

  4. #4
    Gibraltar Star did you get any good responses on true LOC lenders? I signed up with Bluevine recently and they are awful. Couldn't get anyone on the phone then submitted 1 deal over a week later and never got a response, a week after that still not able to reach anyone. After receiving consistent emails saying their great promotions for new ISO's I responded back telling them to either have someone call me or terminate our partnership. Then next day they finally responded saying they would terminate the partnership for me.

  5. #5
    Please contact me @ (310)343-9273 I deal with alot of Business Lines of Credit Lenders with different guidelines.

  6. #6
    Senior Member Reputation points: 27404
    Join Date
    Dec 2015
    Location
    Texas
    Posts
    552

    bluevine
    dealstruck
    funding circle

  7. #7
    Senior Member Reputation points: 43599 brokerCompany's Avatar
    Join Date
    Aug 2015
    Location
    CALIFORNIA
    Posts
    930

    Quote Originally Posted by Davincinc View Post
    bluevine
    dealstruck
    funding circle

    Dealstruck is the only one listed that does a business LOC.
    Bluevine is not a real business LOC and FC does not offer lines of credit
    try a bank or lots of other options if the client has B2B or government invoices.

  8. #8
    Senior Member Reputation points: 68233
    Join Date
    Dec 2014
    Location
    Quogue, NY
    Posts
    1,108

    Gibraltar Group,

    I suggest contacting Kevin Henry at Sea Coast Bank (Asset Based Lending Division), who participates on this Blog. There are a plethora of traditional options for clients that actually qualify for them.

    Additionally, I suggest reaching out to Bob Shaw and/or reaching out to me for additional contacts/insight.
    Last edited by RichardGerard; 09-09-2016 at 07:22 AM.

  9. #9
    Senior Member Reputation points: 337126
    Join Date
    Mar 2015
    Location
    Rock Ridge
    Posts
    3,455

    Quote Originally Posted by RichardGerard View Post
    Gibraltar Group,

    I suggest contacting Kevin Henry at Sea Coast Bank (Asset Based Lending Division), who participates on this Blog. There are a plethora of traditional options for clients that actually qualify for them.

    Additionally, I suggest reaching out to Bob Shaw and/or reaching out to me for additional contacts/insight.
    Thanks Richard! Gibraltar-We provide asset based lines of credit and factoring facilities. We are very unique in the market as we are bank owned. That does not mean that we cannot finance the unbankable, but it does mean that our rates will likely be significantly more cost effective than most. 561-623-1872 is my private number.

Similar Threads

  1. Credit line for active lenders - USA. For lenders only.
    By Numismatist in forum Promotions
    Replies: 0
    Last Post: 06-20-2015, 12:38 AM
  2. Credit line for active lenders - USA. For lenders only.
    By Numismatist in forum Promotions
    Replies: 0
    Last Post: 06-01-2015, 02:16 AM
  3. Business line of credit
    By wallerbusiness in forum Business Loans
    Replies: 4
    Last Post: 05-04-2015, 08:27 PM
  4. Do any lenders provide start up capital for a new business
    By Delaney in forum All Other Lending
    Replies: 2
    Last Post: 11-17-2014, 02:21 PM
  5. Replies: 2
    Last Post: 09-11-2014, 10:14 AM


Posting Permissions

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


INDUSTRY ANNOUNCEMENTS

Finastra launches 1071 compliance tool
ABL performed well in Q4
Parafin lands $125M


DIRECTORY