18 month plus terms
Need a Funder or Vendor? START HERE

Results 1 to 9 of 9
  1. #1
    Senior Member Reputation points: 17416
    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.

  2. #2
    Senior Member Reputation points: 1422
    Join Date
    Dec 2013
    Location
    Connecticut
    Posts
    332

    ARF/BFS/GRP (maybe?)

  3. #3
    Senior Member Reputation points: 17416
    Join Date
    Jul 2013
    Posts
    352

    GRP Isnt going out that long anymore either

  4. #4
    Senior Member Reputation points: 4567 NickHubbard's Avatar
    Join Date
    Jun 2015
    Location
    Saint Louis, Mo
    Posts
    335

    Dan Page
    Nick Hubbard
    Senior Loan Advisor
    314-252-0299 - Office
    314-885-2262 - Direct
    nick@elitefactoring.com
    www.elitefactoring.com

  5. #5
    Senior Member Reputation points: 7360
    Join Date
    Aug 2015
    Location
    Boulder, CO
    Posts
    755

    Quote Originally Posted by NickHubbard View Post
    Dan Page
    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

  6. #6
    Banned Reputation points: 17587
    Join Date
    Sep 2014
    Posts
    720

    OD still offering 18 months as of last week. BFS, QS, prob Kalamata.

  7. #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.

  8. #8
    Senior Member Reputation points: 24139
    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

  9. #9
    Member Reputation points: 254
    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

Similar Threads

  1. Used Auto-8-18 month terms?
    By FundingCzar in forum Deal Bin
    Replies: 6
    Last Post: 10-13-2016, 03:13 PM
  2. Replies: 0
    Last Post: 02-15-2016, 10:20 AM
  3. can capital 36 month terms?
    By SuperFunds in forum Merchant Cash Advance
    Replies: 5
    Last Post: 03-21-2015, 12:46 PM
  4. 8-12 Month terms for merchant with tax liens
    By mca123 in forum Deal Bin
    Replies: 6
    Last Post: 01-02-2015, 11:23 PM
  5. 24 month terms...Web Bank....
    By MCAVeteran in forum Business Loans
    Replies: 5
    Last Post: 12-11-2012, 10:45 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

Blue Owl Capital acquires Atalaya
Kansas added to disclosure service tool
FIS launches SMB digital lending


DIRECTORY