Search Results

Can anybody do an SBA loan in Nevada for an acquisition?

Can anybody advise which commercial bank(s) are doing new accounts for business lending ?

I am looking for funders in the cannabis industry.

A “Rapid re-score” is a service offered by lenders or mortgage companies to quickly update a consumer's credit report. It can be used to improve a credit score after resolving specific issues, such as updating balances or correcting errors Can Anyone Do It?No. A consumer must use a lender or mortgage company to initiate this process. How Long Does It Take?The average rapid rescore takes approximately 2-5 business days. Why Do It?To improve your score and get a better interest rate.Is It Free?No. However, mortgage lenders are required to cover this cost for you. Common Example...You found your dream house. You make an offer and it's accepted. The mortgage company pulls your credit. Your score is 698. This qualifies you fora 6% interest rate. The mortgage company says, if your score was 700, you would qualify for a 5.75% rate. The difference translates into $75/month less monthly payment ($27k over the life of the loan). Your mortgage company runs a score simulator. It reveals lowering your Capital One card by $22 will earn you 8 points. There is a problem. Capital One says they won't report your $22 payment for another 3 weeks. This is a problem because your purchase contract dictates you need to close your loan in 2 weeks. Time for a rapid rescore! Your mortgage company gets proof from Capital One of your lower balance and submits it. Your report is re-pulled 3 days later and your score is now 702. Your loan officer locks your rate and at 5.75%. You close in 2 weeks, as planned.I have access to a lender who can do a rapid rescore for equipment and mortgages where Fico is challenged - if it's necessar for a particular loan program. 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

Have a borrower: Owner Operator 5+ TIB 662 FICO $30k a month in revenues Looking to buy a $85k truck. Has 10% down Have an approval from Maxim but closer to 40% down Any other ideas where to take it?

SBA Micro Loans I just got one approved through SmartBiz.... SBA 7a loanAmount: $50,000 Rate: 14.5% Term: 10 years with no prepayment penalty Monthly payment: $792 I realize it's only 2% commisson of $1,000 But it's an option if they fail for the other options SmartBiz offers -you can ask for it if merhant is denied and it's available for them. Client lost money on their tax returns and P & L but I submitted it anyways and said to myself WTH. Steve Benjamin Professional Business Loans 522 Contessa Irvine, CA92620 steveprobiz@gmail. comhttps://probizloans.net/ Broker, Underwriter, general business loan expert 949.228.1050

I have a client that has a brand new business. Entity is 6 months old. That is looking for equipment financing and is open to PG the financing deal. Are there any lenders out there that is able to fund this?

Apply here: Email niko@lexiocapital.com or visit our LinkedIn page and go to the Jobs tab.

Big shoutout to Shane Mahabir and the Funder Intel team for an amazing mixer last night at Moxie's! It was fantastic connecting with everyone. Let’s finish the year strong and get ready for a HUGE 2025 ahead! Here’s to many more successful deals! If anyone’s looking for marketing strategies to close more deals, feel free to reach out. Happy to help!