 |
|
| Home > Business Sales Lead Exchange > $$ lead exchange |
 |
Refer clients to me, You will get a Referral Fee @ Funding
|
|
| Posted Date: 02nd November 2001 |
|
| Category: |
| Business Sales Lead Exchange - (swap leads & needs with others/ offer & collect referral fees) |
|
| Posted Category: |
| $$ lead exchange |
|
| Posting Title: |
| Refer clients to me, You will get a Referral Fee @ Funding |
|
| Reply To: |
|
mmc_28
|
|
| Posting Location: |
| Boston, Chicago/Mid West, City of San Francisco, East Bay Area, Los Angeles/So Cal, New York City, North Bay Location, Peninsula/South Bay Area, Sacramento Area |
|
| Specific Location: |
|
|
| Description: |
U.S. Borrowers Only
Unsecured Loan/Line
Program Details & Benefits
$20,000 to $100,000 Personal
$20,000 to $200,000 Business
Interest Rates from Prime + 2 to 8%+
Terms of 24-60 months on Loans and Lines
NO Up Front Fee- We believe in putting our money where our mouth is! In other words, we work for free until your loan is funded. If we do not successfully assist you in securing a loan, you owe us nothing. So obviously you will have a motivated party working for your best interests. The commissioned fee for our service is equal to 9.9% of any loan amount you receive. This is payable to us within 48 hours of your loan proceeds becoming available to you and is usually paid directly out of your loan proceeds. (A borrower may incur a small potential up-front fee with our loan process, as we must review a current tri-merged credit report for the borrower, as well as a credit report on the business. These reports are run by a 3rd party for a fee of $49.95 that is payable via credit card. Included in this charge is a free credit analysis for two additional co-signers of your choice, should your first guarantor not qualify. Compare these minimal out of pocket expenses to those typically incurred with a traditional lender or an SBA loan, who require the borrower to come out of pocket up-front with a minimum of 10% to 20% of the total loan amount as a down payment.
NO Collateral Required- The lenders in our Unsecured Network do not require you to pledge any of your hard earned assets in order to collateralize your loan. Compare this to the traditional lender that will typically require a loan to be secured with free and clear assets valued at least twice the amount of your loan request. (Please note that we also offer an unsecured program that accepts credit scores as low as 630. They can accept lower scores because they partially collateralize your loan with any “free and clear” depreciating equipment you may own. The loan functions basically as an unsecured loan because the loan values are much higher than the true worth of the equipment.)
NO Financial Statements Required- The majority of our loans are stated, meaning the information that you provide to the lender will not be verified by financial statements or tax returns. These types of loans can be very beneficial for companies with reported financials that do not necessarily reflect the true strength of their business.
NO Business Plan Required- Traditionally lenders will require a loan applicant to submit a business plan with budgets and pro forma’s to prove their ability to pay back their loan request. This can be an expensive and time-consuming process to produce these documents, with no guarantee that your loan will be approved! We never ask for a business plan.
Co-Signers Welcomed- An added benefit offered through our Unsecured Program is the ability for you to use a co-signer as your guarantor if you cannot meet our personal credit criteria on your own. You may be able to use anyone that believes in you or your business concept, as long as they meet our minimum credit criteria. Your co-signer will need to be a willing and responsive participant in the loan process, although their time and involvement will be fairly minimal and via telephone. The maximum loan amount when using a co-signer is $100,000.
New Businesses and Start-ups OK- If you are a new business venture, you probably already know that most banks won’t even talk to you about lending you money until your business has reached the point where you no longer need their help. Fortunately we can help you now! If you can meet our personal credit criteria, it is possible to get your loan request funded up to $100,000.
Quick Approvals- Unlike most lending institutions, the majority of our business loans can be approved in 5 to 15 business days, with loan proceeds available to the borrower within 7- 14 days after an approval. Compare this to the several weeks, if not months, normally associated with obtaining a loan from a traditional bank, for even the most qualified borrowers.
Easy Application Process- Unlike the tremendous amount of paperwork traditional lenders require, we request only a one-page application and your signature on a few documents to get started.
Free Use of Loan Proceeds- Our clients have complete freedom to use their loan funds however they desire. Most traditional lenders will require a specific plan and often times require progress reports, before the release of funds.
Never Leave Your Home or Office – All of our loans are hassle free and processed over the telephone and via fax or email, allowing you to avoid the time consuming, face to face meetings with surly loan officers. We simply ask you to fill out a few forms and our consultants walk you through the process.
We will help you succeed!
|
|
|
| |
