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10-06-2016, 04:05 PM #4
Reputation points: 624
- Join Date
- Nov 2014
- Posts
- 438
We do have term loans as well, that offers lower origination fees and an interest rate. This fixed payback product you refer too has been called by many of our partners as the MCA look-a-like with a monthly payment.
In this example $43,000 paying back $50,000; the math is the same as a 1.16 factor MCA's use.
This matrix should also provide some more clarity: http://conta.cc/28NmNfbLoanMe Business
949-535-7798
Email: Business.Loans@LoanMe.com
www.loanme.com/SBL-partner
1900 S State College Blvd. Suite 300
Anaheim, CA 92806
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