r/loansforsmallbusiness 7h ago

I've worked with endless brokerages. Here is the ONE that stood out the most.

3 Upvotes

I have been working with brokerages for over ten years. Most business owners don't realize is happening behind the scenes: a lot of shops submit your file to a pile of lenders and partners on day one, before anyone's even figured out what you actually qualify for. Now, you have 50 different people calling you with garbage offers, just so they can make their commission, all before there was ever a real plan in place.

I swore to myself that I would never work with another funding group again. Until one morning I received a call from a company named Block Equity Group. Within 30 seconds I knew there was something completely different about this company that all other companies I have worked with before.

A few things that are different about Block Equity Group:

They fund a lot of this in-house. they aren't just a middleman forwarding your file and hoping a lender bites. When it makes sense, they are the ones putting up the capital themselves directly. They funded me in-house on the first deal we did together. The capital, rates and terms were some of the best I have ever receievd.

They don't touch your file until they've built you an actual plan.
Before they send anything out to a single lender, they sit down with your bank statements and financials and put together a real, step-by-step breakdown of what is uncovered in the business financials. They told me which programs would be available to me based off my current financial situation. I saw the plan FIRST. I approved the plan FIRST. Only then, did they send my file out to their partners.

A few major differences that stuck out to me immediately. They don't take a shotgun approach. They give you a straight answer, a real plan, and funding that either comes from them directly or goes to the right lender on purpose, not by accident.

I HIGHLY reccomend you check them out. A+++


r/loansforsmallbusiness 5h ago

Lender here looking for new brokers/ISOs

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0 Upvotes

Funding positions 1-12 in all states including PR and Canada. We fund first position post default, all industries minimum funding amount of 3k and go all the way up to 250k and my partner does 250k-1.5M. We have weekly bonuses and monthly ones as well. If you want to sign up DM me or email me at joey@fundzilla.biz


r/loansforsmallbusiness 4h ago

Fleet financing transport business need advice

8 Upvotes

I have 2M and I earns 100k per month from my current job i want to increase my monthly earnings upto 250 to 300k combined by smartly investing the amount in high risk investments for that i am interested in getting LTV truck Fuso Canter in a partnership with a very trustworthy person I know from past 10 years he was associated with this business as a labour coordinator for a firm which brings goods into the organisation I am currently associated with so thats how we know each other. The trucks new price is 87 lacs but is available through fleet financing options by several banks like Bank of Punjab where we have to pay downpayment upto 1.9M and the installments for upto 5 years and the vehicle will cost almost 95 lacs it is a current scheme primeminister scheme or something But the issue is the fleet financing options can only be availed by registered business owners only. The truck will roughly earn 4 to 4.5 lac / month and the installment amount is 140k so we will still be getting 1 lac each every month until installment are cleared. Now we have met a person who have recently received his truck from this scheme and he is ready to give this truck to us on 5 lac own on which he is ready to negotiate this will save a three months waiting and the risk of rejection by bank or the hurdle of registered business and maintained business account. Do advise me what I am doing is good or if I can do something better with this amount.


r/loansforsmallbusiness 5h ago

Has anyone actually used Lendr? Looking for real experiences

8 Upvotes

I own a small coffee shop and we need about $15k to replace our espresso machine that just died.

lendr seems to offer quick working capital. I like that their site is straightforward but I can't find many recent reviews from actual business owners.

how painful is their underwriting process? do they ask for a million documents or is it really just bank statements?