Other Business Financing

Go! Have you read through the SOP changes that everyone is talking about on LinkedIn? Will they have much effect on your business? Are you concerned about anything listed in there? Here is the link to the website https://www.sba.gov/document/sop-50-10-lender-development-company-loan-programs

From PYMNTS: If small businesses are the lifeblood of the economy, they may be feeling a bit anemic, at least when it comes to their finances. There’s not enough cash in the coffers, and the avenues through which capital can be replenished are increasingly hard to navigate. In the PYMNTS Intellig

Merchant over leveraged? Cash out primary residence equity. 2nd mortgage up to 80% CLTV Min Fico 660 Rates in the 9.5% range 30 year fixed No prepayment penalty 12 month bank statement program business and personal bank accounts Reach out Licensed in these states: AL AK AZ CA CO CT DE DC FL GA HI

From Forbes: Chris Scharman is CEO of Avtech Capital, with 20+ years as a corporate attorney in finance, securities, and mergers & acquisitions. The Economic Factors Driving Stricter Lending Standards Economic fluctuations play a role in lending practices. Recent data shows that U.S. banks are inde

The House Financial Services Committee (HFSC) is reviewing more than 40 bills that aim to improve business’ access to capital. During a Tuesday (March 25) hearing, the committee assessed proposals that would make public markets more attractive, facilitate capital formation for companies that wish t

MINNEAPOLIS (AP) — A jury found the alleged ringleader of a massive pandemic fraud case in Minnesota guilty on all counts Wednesday for her role in a scheme that federal prosecutors say stole $250 million from a program meant to feed children in need. Aimee Bock — the founder of Feeding our Future,

From the PR Release: At ICBA LIVE, Rapid Finance has announced a significant enhancement to its Decisioneer loan origination software – seamless, one-button integration with the trusted Rapid Finance Funding Network. This powerful enhancement now unlocks new non-interest income streams for communit

Delinquencies and defaults have ballooned in the flagship lending program of the Small Business Administration, according to an agency risk analysis seen by Barron’s, ahead of a Senate committee hearing Wednesday afternoon that examined why the program is losing money for the first time in 13 years

WASHINGTON (AP) — The U.S. Senate on Wednesday confirmed Kelly Loeffler, a Georgia businesswoman and former senator, to lead the Small Business Administration, returning a stalwart supporter of President Donald Trump to Washington. At SBA, Loeffler will oversee the entity that describes itself as

The Business Journals Feb 6, 2025 The Small Business Administration would be mandated to send many loans made under the Covid Economic Injury Disaster Loan program to the Treasury Department for collections under legislation put forth by the Senate Small Business Committee. The Complete Covid Coll

I spent a couple days with the CFO of this company and this is an executive summary that is a guide you can use for development projects https://drive.google.com/file/d/14NoYHv4E-dIYaORa6fO9IoLWxfzxJdIg/view Steve Benjamin Professional Business Loans 522 Contessa Irvine, CA 92620 steveprobiz@gmail.

Covid Relief fraud still being prosecuted with countless cases since its inception. Fort Myers, Florida – U.S. District Judge Thomas J. Barber has sentenced Timothy Craig Jolloff (48, Fort Myers) and Lisa Ann Jolloff (58, Fort Myers) to eight years and one month, and three years, respectively, in f

Great VIDEO interview, From PYMNTS, a must watch! So far, there have been 10 Mondays in the Trump administration, each possessing its own variety of manic behavior. “Manic Mondays,” we’ve been calling them. For example, there was the Monday when the CFPB looked like it was going to be deleted. Then

Approved to do loans on primary residences in 33 states... Help your merchants getting cash using the equity in their primary residences...Now approved 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 I can now do cash out of primary res

I need lenders that can do line of credit Or terms loans. Are their anyone that can?

Republican lawmakers are expressing apprehension over a plan by the Trump administration to gut federal spending on a program some have called a “lifeline” for small businesses in districts and states they represent. President Donald Trump issued an executive order late Friday directing agencies to

The SBA just announced that all SBA-funded projects must be 100% owned by US citizens or permanent residents. A non-citizen can no longer own any portion of the business securing financing. This is just one of the many changes I expect the SBA to make to its programs. Our is a large, national SBA l

From ABL: TAB Bank closed a $5 million Lender Finance facility with a Nevada-based company specializing in factoring financing for farmers, agricultural businesses and fresh produce exporters in Mexico. This partnership enables the agriculture finance company to expand its operations and empower sm

The Business Journals Feb 11, 2025 The Small Business Administration’s flagship 7(a) loan program lost hundreds of millions of dollars in 2024 as agency fee reductions combined with an increase in loan defaults to result in negative cash flow. It's a marked change for a program that generally has

It is a pleasure to join the Funder Intel business community, Catalyst is a well established direct lender specialized in both equipment financing and working capital transactions ranging from $5k to $500k throughout Canada. Feel free to contact me if you touch Canadian business and are looking for

Hi, we are new to the forum and looking for lenders in the specialized market of Self Storage Funding, We have 30 plus years in residential and commercial and self storage mgmt and open to lenders as brokers in this market and other SB funding. Look forward to hearing conversations from anyone on t

From iBusiness Fundings LinkedIn post: Today, we’re officially launching Lendsey—the world’s first multi-agent, agentic AI lending assistant, designed with security, efficiency, and compliance at its core. What started as an ambitious idea years ago is now a reality. This isn’t just a technology

First mortgages in the 4% range. First Tranche... 41 properties. Term Sheet - Cash out second lien: $2.952MM $11MM value (BPO) 9.5% 30 year fixed 80% CLTV (combined loan to value 1st + 2nd) Bank statement program. Need: 12 months business and personal bank statements Tri-Merge credit report Reach o

Are there any lenders out here that offer Floor Plan financing for car dealers?

SBA to cut 40% of employees.... BREAKING NEWS -- WSJ Says SBA to Cut 40% of Employees, 2700 Jobs Wall Street Journal’s Meredith McGraw and Scott Peterson exclusively report SBA is planning to cut more than 40% of its workforce this morning.“The extensive workforce reduction and restructuring will t

The Clearing House’s RTP network launched in 2017. The FedNow Service, the central bank’s foray into real-time payments, debuted in the summer 2023. And yet real-time payments — while getting some serious global traction — still have a lot of runway left for consumers and businesses. Daniel Stanton,

Banks have long placed limitations on their lending to small and medium-sized businesses for a variety of reasons: business strategy focused on larger loans, staffing levels ill-suited to administer a high volume of small-sized loans, process inefficiency, regulatory compliance; and an overall indus

Bloomberg, By Kat Hidalgo and Paula Seligson Hedge funds? Quant trading? Old news. These days, everyone within shouting distance of Wall Street is talking about private credit—even if some of those people might admit that they still aren’t 100% sure what private credit is. The industry is minting

Happy to have Laura Claydon on Zoom to discuss all things Business Lines of Credit that ARF Financial offers where she is a VP and Loan Officer!! Get Registered for this special session, especially if you are not already onboard with them. We will talk about all of the advantages that business o

Looking for 750K commercial real estate refinance loan for landlord of Mavis Tire in Long Island, NY. Very strong lease with national tenant.