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06-16-2022, 05:31 PM #1Senior Member
Reputation points: 70218
- Join Date
- Sep 2021
- Location
- Irvine, CA
- Posts
- 2,196
If they quality can do a 5 year monthly payment term loan at around 18%+, no collateral, don't have to pay off MCA loans and can fund in a week. I just need loan app, driver's license front and back and 4 months bank statements. Need 680 or better Fico and can prequal in an hour or two. Also need:
1. State of Incorporation
2. Industry
3. Business Inception Date:
4. Current # of Employees
5. Last 12 months Annual Sales? (Minimum $200K)
6. Is this a Home-Based business? (needs to be brick and mortar)
7. Business Phone
2. Does the applicant rent or own their home?
Pays 9 - 10 pointsLast edited by Olderguy; 06-16-2022 at 05:37 PM.
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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