BOLT Program - Brand new program, expedited Low Doc up to 150k no cashflow analysis
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  1. #16
    Senior Member Reputation points: 71496 Olderguy's Avatar
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    Sep 2021
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    Irvine, CA
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    Update on the fast SBA program:

    This program is now LIVE through SmartBiz.
    It is built into the back end of their portal.
    You just put in $150,000 loan amount.
    Advise the rep - fast SBA

    Funds in two weeks.
    (I just funded a SBA 7A in 25 days with them)

    700 Fico
    Bank statements
    ETRAN 175
    2 years TIB
    similar SBA guidelines
    10 year loan 10.5% adjusted quarterly
    They pay 2% commission

    Matt Grotzinger
    Senior Partner Success Manager
    P: (512) 792-3567
    E: matt.grotzinger@smartbizloans.com
    Last edited by Olderguy; 03-22-2023 at 11:15 AM.
    Steve Benjamin
    Professional Business Loans

    522 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

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