Can anyone recommend a Term lender please?
@Peter Tran, as Steve said, its not easy to get signed on with Term Loan lenders, including the ones listed on this site, but the other thing I would ask is what is the merchants real reason for wanting a term loan? Could they even qualify?
Most aren't taking on new ISO's. You need to go through a super broker. Splash Advance is one..they take 2%. FundShop is another but they take a bigger chunk.
They access OnDeck, Kapitus, Headway, etc.
Go to SmartBiz....they should set you up and they do SBA 7A uncollateralized up to $350,000 and if that fails, they will access Funding Circle...but beware of that company, they will steal your referrals.
Professional Business Loans
Irvine, CA 92620
John A Mitchell,
I will be getting back to you if you can not get a team member for your progress.