About LOAN SOURCE NETWORK
Loan Source Network is a financial services provider specializing in loan-related solutions for businesses and commercial clients. According to USPTO records, the company’s trademark filings indicate a focus on arranging loans, electronic loan origination, and financial restructuring services. They also offer specialized financial assistance, including corporate workouts, debt restructuring, receivership, and loan resolution for commercial loans. Additionally, their services extend to lease-purchase and revolving loan options, catering to a variety of financing needs.
The company appears to target businesses seeking tailored financial solutions, particularly those navigating complex loan scenarios or requiring restructuring support. Their offerings suggest a focus on commercial entities rather than individual consumers, positioning them as a resource for companies in need of strategic financial planning or debt management.
Borrowers considering Loan Source Network should carefully evaluate their specific financial needs and compare available options to ensure alignment with their business goals. While their services cater to specialized loan arrangements, potential clients may want to inquire about terms, fees, and eligibility criteria to make an informed decision.
Customer Reviews
Approved but with conditions
Got the loan but had to put up a personal guarantee even though my business has 4 years of revenue. Funding was fast once we agreed.
Quick working capital
Got a $50k LOC for our seasonal business. Underwriting wanted bank statements, not tax returns, which was easier for us. Rate is fair for unsecured.
Good for newer businesses
Most banks turned us down because we are only 2 years old. These guys looked at our actual revenue and approved us. Rate was higher than a bank would charge but we got the capital.
SBA process they actually managed
My CPA recommended them after I got bounced around by my bank. They handled the SBA paperwork and we funded in 47 days, which is fast for SBA. Used the funds for equipment.
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