Results 1 to 9 of 9
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01-04-2017, 06:34 PM #1
- Join Date
- Jul 2013
- Posts
- 352
18 month plus terms
Who is still offering approvals longer than 18 months? OD / CAN and our other A source are no longer issuing these longer terms.
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01-04-2017, 06:37 PM #2
- Join Date
- Dec 2013
- Location
- Connecticut
- Posts
- 332
ARF/BFS/GRP (maybe?)
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01-04-2017, 07:12 PM #3
- Join Date
- Jul 2013
- Posts
- 352
GRP Isnt going out that long anymore either
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01-04-2017, 07:45 PM #4
Dan Page
Nick Hubbard
Senior Loan Advisor
314-252-0299 - Office
314-885-2262 - Direct
nick@elitefactoring.com
www.elitefactoring.com
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01-04-2017, 09:13 PM #5
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
Thanks Nick -
Yes, we have 12,18, 24 and 30 month terms.
Weekly or monthly payment (client choice).
Client can pay off any time after six months with no fees, penalties or interest.
We are not a MCA lender so underwriting is handled differently.
Client must show proper net monthly income to handle the debt, and strong balance sheet.
If you think your client may be a candidate, feel free to reach out!
Best,
Dan Page
Direct: (303) 938-8280
dan@fundingstrategypartners.com
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01-05-2017, 01:47 PM #6
- Join Date
- Sep 2014
- Posts
- 720
OD still offering 18 months as of last week. BFS, QS, prob Kalamata.
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01-05-2017, 04:24 PM #7
It sounds like more companies are pulling back to 15 months and under. some have pulled their 18 months and even cap at 12 mo now.
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01-05-2017, 07:49 PM #8
- Join Date
- Apr 2014
- Location
- Washington DC
- Posts
- 421
18 month plus terms
We are still going out to 24 months on both our standard daily/weekly pay product as well as our monthly pay product (minimum term on monthly pay is 12 months)
Last edited by Cfairbank; 01-05-2017 at 07:52 PM.
Carl Fairbank
Founder & CEO boldMODE
www.boldmode.com
Carl@boldmode.com
Founder & former CEO of Breakout Capital (sold to SecurCapital in 2019)
www.breakoutfinance.com
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01-19-2017, 11:52 AM #9
- Join Date
- Oct 2016
- Location
- Cherry Hill, NJ
- Posts
- 73
BFS did 18 months for an ISO of mine this week.
Thad German
America's Business Capital
www.americasbusinesscapital.com
Toll Free: 1-888-426-0377 x 022
Direct : 856-782-3801
tgerman@abcmca.com
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