MCA take out for new SBA 7A guidelines
I now have a bridge fund direct lender who can do MCA take outs for qualifying for SBA 7A loans. (For those that don't know - effective June 1st, SBA will no longer allow SBA 7A to take out MCA's.
Not going to take out like 4 MCA's but it has to make sense.
Exit strategy has to make sense...SBA 7A or other product that can execute.
Secondly, I can do cash out using assets - real estate, etc...Including primary residence second liens in 33 states.
AL AK AZ CA CO CT DE DC FL GA HI ID IL MD MI MN NE NC NJ NV OH OK OR PA RI SC TN TX VA UT WA WI PA
(Need a 660 Fico for that - bank statement program)
Reach out.
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
https://probizloans.net/...general business loan expert
949.228.1050
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