Results 1 to 8 of 8
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10-23-2018, 09:24 PM #1
- Join Date
- Sep 2018
- Posts
- 3
Need 15k longer term loan for client!
She runs a day care, in Cali, been in business almost a year, consistently 6500 monthly, no current loans. She just got approved to double her occupancy, and can accept more kids via a govt contract, she needs 15 to 20 k to get the expansion done. 545 credit, Some broker told her he can get her 15k at 100.00 daily, and a credit card for 2500.00 limit. I think he's full of ****, but I'm trying to match or beat his supposed offer.
Anyone can do this? All my lenders are under 5k on short term MCAs, I need a longer term to get her to 15k.Last edited by Kjhaight; 10-23-2018 at 09:26 PM. Reason: Misspelling
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10-24-2018, 08:00 AM #2
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,930
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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10-24-2018, 09:53 AM #3
- Join Date
- Apr 2018
- Posts
- 144
The $15,000 will be three separate offers that the broker will try and triple fund in one day without the other MCA companies knowing. I'm sure they told her that in 30 days it will convert to a 5 year term loan at 7.99% as well.
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10-24-2018, 09:58 AM #4
- Join Date
- Sep 2018
- Posts
- 3
I don't see how else they are getting her 15k, thought maybe I'm missing something here, but I'll call her bluff n tell her to take their offer. She'll be buried n bankrupt if she takes their offer.
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10-24-2018, 11:17 AM #5
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10-24-2018, 12:38 PM #6
- Join Date
- Dec 2013
- Posts
- 4,713
I think we fund a dozen of these business a week ! they seem to spike in Oct-Dec.
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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10-24-2018, 04:48 PM #7
loanme is the best bet...
Term Loan: D $6,000 - $15,000 119.00% 10.00% 60 mo $597.05 - $1,492.63
Term Loan: E $6,000 - $15,000 149.00% 10.00% 24 mo $792.78 - $1,981.94Website : https://www.speedybusiness.loan
Location : 1255 Lynnfield Rd Memphis, TN
Phone : 601 803 1513
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10-24-2018, 05:51 PM #8
- Join Date
- Apr 2013
- Location
- Basalt CO
- Posts
- 867
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