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  1. #1
    Quote Originally Posted by Olderguy View Post
    Problem will go away when the industry gets regulated out of business. Same thing happened to the mortgage industry. They had fake CPA letters, fake paystubs, fake bank statements, falsified appraisals. All the bad players left the industry.
    Steve why are you even on this site? All you talk about is regulation and demonize the entire MCA industry. You claim to only do conventional financing yet I have proven in the past that in fact you do facilitate cash advances. Seems to me that people like you are the real issue!

  2. #2
    Senior Member Reputation points: 71496 Olderguy's Avatar
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    Quote Originally Posted by SFllc View Post
    Steve why are you even on this site? All you talk about is regulation and demonize the entire MCA industry. You claim to only do conventional financing yet I have proven in the past that in fact you do facilitate cash advances. Seems to me that people like you are the real issue!
    I guess you are missing the point....many MCA brokers and agents are in it for the quick buck. I would say that very few of you have any interest in doing what in the best interest of the client. Short term, quick buck mentality and lying to clients sometimes seems to be the SOP in this business.

    There are a few brokers (certainly not you) who ARE interested in seeing how else they can help their clients get better financing. Their client says they want a term loan and many of you are clueless what to do, so you call me. Yes I've done a few MCA's when that is the only immediate solution for a client...but that is a symptom of a greater problem and that's where I can help.

    This industry is headed for death. You want to go die with it, be my guest.

    I offer alternatives to death....alternative financing.

    Brokers call me every day to just ask questions and learn about alternatives.

    Obviously someone sees value in the information I provide.

    If it doesn't float your boat, just simply put me on your ignore list instead of complaining about my posts.
    Last edited by Olderguy; 04-25-2024 at 11:22 PM.
    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


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  3. #3
    I have Known Steve Benjamin, Professional Business Loans for a while now, i myself have several deals that are with Steve @ the moment.
    Steve is old school, Workaholic, truly cares about the merchant, and does his due diligence in getting truly quality money for clients, whether its thru Heloc or No Doc Loan or A good Term Loan,
    i have seen his work up closely, i can say extremely rare! and that's why i work some of my files with Steve.

    I know he has helped many people on the Forums as well, Definitely an Asset and a Think Tank that figures out a way around obstacles, and has many years experience in the Industry with priceless contacts that make things a Reality for the client and a Nightmare for the MCA broker robbing and then robbing some more of the client.

    That spells it out pretty clear!

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