[Cambridge]

I am running across many of my clients interested in something in between the MCA styled product and the Funding Circle type platform.

Can someone please give me a list of good lenders that specialize in 24-36 month terms, middle of the road simple interest, weekly, monthly payments, etc?

Dealstruck - Used them a couple of times last year, it appears they're out.
LoanMe - I'm familiar, but not really what I'm looking for.
Funding Circle - I'm with them already, I've have better luck with SBA approvals lately.

Someone please give some insight on who is out there in this approval range and who I should get signed up with to sub these deals. If you represent a bank/lender in this category, please feel free to PM me.



Thanks,

[McoupeBobby]

-Dan Page at Funding Strat Partners does term loans out to 36 months I believe.

-Quarterspot goes out to 18 months

[Cambridge]

-Dan Page at Funding Strat Partners does term loans out to 36 months I believe.

-Quarterspot goes out to 18 months

I guess I should have made it more clear, I'm partnered with the banks that offer 18 months, my bad. I'm looking for banks/lenders that offer 24 months+

Can anyone name a few?

[omegafund]

you want a bank try celtic bank. Fundation is also another lender but picky on who they sign up

[Cambridge]

you want a bank try celtic bank. Fundation is also another lender but picky on who they sign up

Celtic Bank is a go, should have mentioned that. I used to be with Fundation, they're a little tight on underwriting if I remember, used to feel like a Funding Circle.


Anyone others in mind?

[FCF Fund]

I believe Dan has 24 months, hes a balance sheet lender with monthly payments just like the ones listed above. He used to have a 6 month pre-payment penalty but pretty decent on rates.

[derekgerson]

If the loan/lease is for equipment we can term it out to 84 months. We have Celtic Bank on our syndication desk as a partner as well among 15 other partners we can try to run it through.