FAQ

• Who do I contact with questions?

  Call or text us anytime at +1 (305) 812-0689.
• How do I submit a deal?

  Email the file to underwriting@loan23.com.
• Are there any industries or deal types you don't touch?

  A few stop factors: Texas-based businesses, trucking, construction, 8+ active positions, and defaults under 90 days old or active collections. Outside of that, send it over and we'll take a look.
• What if a deal gets declined?

  You'll get a clear reason why, no black box, no guessing games.
• How fast is funding once a deal is submitted?

  Fast. On average, about 87 minutes from submission to funding.
• Is there a minimum FICO score?

  No minimum FICO required.
• How much can my merchant qualify for?

  Up to 140% of their average monthly revenue.
• What deal sizes do you fund?

  Up to $200,000, with terms up to 40 weeks.
• Do you offer a referral program?

  Yes, if you refer another broker to us, you get 2% for the lifetime of their deals. Passive income on top of your own submissions.
• How much commission do I make per deal?

  Up to 17 points per deal, paid the next business day after funding.