I had been and had not been in operation for a year, however my business has a history of 35 years from the gentlemen I purchased it from. I began looking for places that would lend to my industry and businesses including mine, I did a google search and cashbloom rated amonst the remainder. After reading reviews and their accredidation and affiliation, I decided to give them a phone. I was in awe in the rep Rory treated me and took the time to understand my business, he actually wanted took the role as though he had been a business partner and looked for the best solution for me. In the process I had been introduce to their team who had been Krsitina and Olga and they made me feel as a individual and not a credit or credit rating. They all kept stressing helping my small business and building a long-term relationship. They found and took my need and hassle. I'd suggest them to any one looking for a buddy in the market.
165 • Excellent
Cashbloom Business Loans vs Top Cashbloom Alternatives
By Dennis Shirshikov on August 30, He writes for Fit Small Business, full-time, as an authority on small business financing. Top Cashbloom alternatives offer less-frequent payments and lower rates.
Get matched with offers. Cashbloom is a California-based alternative business funder offering short-term working capital in the form of loans and merchant cash advances. Cashbloom operates in both the U. MCAs are available in all 50 states. Products are available in Canada, with the exception of Quebec. Cashbloom deals in merchant cash advances and, where applicable, short-term loans. Since the term length is too short to accrue much interest, the cost of borrowing is determined by a factor rate, usually expressed in the form of a multiplier. To find out how much you have to repay, you simply multiply the factor rate by your borrowing amount. For example, if you have a factor rate of x1. These are withdrawn from your business bank account via automated clearing house ACH.
Wonderful customer service. Kristina was both professional and personable. Wood definitely recommend. Very good service and the people I dealt with are amazing. Rory was awesome. Very informative and did exactly what it took to get things done. Very fast process and was greatly satisfied. Rory Mero was a excellent Loan Agent.