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  1. #4
    Senior Member Reputation points: 71496 Olderguy's Avatar
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    Quote Originally Posted by Business2122 View Post
    What’s your soft guidelines for startups?

    And does your investors fund acquisitions with 30day turn around for available liquidity?
    I forwarded your questions to Kristina to respond.

    On my end there are start up programs:

    SBA start up 7A
    SBA Micro loan up to $50,000
    Business LOC and business credit cards to start ups - requires 700+ Fico
    Personal loans up to gross income from personal tax return 700+ Fico needed
    Asset based loans - NoDoc and SISA hard money on property.

    And I assume you want a hard money loan on property with no seasoning with your second question...is that correct?
    Bought cheap and want to borrow on appraised value?
    Last edited by Olderguy; 10-31-2022 at 11:53 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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