Dealstruck team members are always ready to provide you friendly and honest service for your commericial lending needs. Pictured here (left to right): Business Development Specialist Shani Searcy and Lending Specialist Nick Miluso.
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Founders’ Note: More than Just Money
Aside from providing growing small businesses (SMBs) with unique, appropriate, and affordable capital, we wholeheartedly believe in empowering business owners by delivering tools and resources to help them better understand their business and control their growth trajectory.
These tools range from loan cost calculators to real-time prequalification apps (our Dealmaker) to eBooks and infographics that demystify the lending landscape. Recently, we announced the latest addition to our growing catalog of tools and resources: our new Line of Credit Borrower Portal.
We debuted our Line of Credit Borrower Portal at the Finovate conference this past month, marking another chapter in our journey to improve your borrowing experience. The portal allows you complete transparency into your account activity and total control over managing your line of credit. Within the portal, you’ll be able to draw funds on demand, receive real-time analysis of your clients’ payment trends, and update your availability or pay down your balance with the click of a button.
As we continue to grow, we look forward to releasing new tools that help our clients make more of their financing and that set them on a clear path to bankability. We are excited to transform and grow with you as we continue to develop new innovations to disrupt the small business lending landscape.
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New Line of Credit Borrower Portal
Last month, we hinted that we would annouce a game changing addition to our services at Dealstruck. We are excited to present the new interactive Line of Credit Borrower Portal.
The Dealstruck Team recently traveled to San Jose, California to unveil our new innovation at Finovate Spring 2015 on May 12-13. The portal allows its borrowers to seamlessly manage their revolving line of credit with Dealstruck.
Borrowers can see their current balance and amount available for draw, update their borrowing base by linking their QuickBooks-based invoices, reconcile check payments that have been received to pay down the outstanding balance, and make other adjustments to their accounts.
We continually strive to improve our products and services to better serve the needs of our lending partners. Our newest innovation empowers small businesses owners like you with fair financing and technology tools to have better control and transparent access to account information.
You can see a video of the presentation here.
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Dealstruck launches new, streamlined website
We are excited to share our recently revamped website. Transparency in our services is one of our greatest values and it begins with how we share our story online.
We have updated our pre-qualification system and loan application to make it easier for new borrowers to see if they qualify and get quick quotes. The website also features new easy-to-follow informational material on our lending products and services. We want all small business borrowers to fully understand the options available that meet their financial needs.
Our “Who We Are“ page has been updated to give easy access to connect with our lending experts and growing team. The Dealstruck team is here to serve you. We work alongside you to make sure we custom fit the perfect product to take your business farther.
As we continue to grow, we are constantly improving ourselves to help deserving businesses get access to the cash they need to grow.
Check out our website now.
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Webinar – Check out our Inventory-based Line of Credit
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When Flavio Bravo launched BRAVO Tax & Financial Services, Inc. (“BRAVO”) he devoted his career to improving the financial future of individuals and small businesses alike.
Founded on their availability and integrity, Flavio and his staff of highly trained tax preparation specialists pride themselves on holding loyal relationships with clients.
Though BRAVO has recently seen great success and is continuing to grow, its road to success has come with its share of challenges. BRAVO struggled with growth and expansion due to negative experiences with merchant cash advances (MCAs) that nearly led the company to file for bankruptcy.
“I was robbed by scammers. They gave me $45,000, but payback was $69,000 in a short period of time,” said Flavio. “I went to other similar companies after that, but I ended up paying $1,000 a day in fees. That’s when I found Dealstruck – it was like an angel coming to save me.”
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Dealstruck Welcomes New Head of Capital Markets- Robert Riedl
Prior to joining Dealstruck, Robert Riedl was the COO of a publicly traded specialty finance company, Consumer Portfolio Services, Inc. (“CPS”). Robert joined CPS in 2003 and held a variety of senior positions, including chief investment officer and chief financial officer.
Robert started his career as an investment banker for ContiFinancial Services, Jefferies & Company, and PaineWebber. He has also served as a principal at Northwest Capital Appreciation, a middle market private equity firm.
“We are thrilled to have Robert Riedl join our growing Dealstruck team,” said Ethan Senturia, Co-Founder and CEO. “Our ability to deliver the best possible loan products to our rapidly expanding base of small business clients is directly tied to our having robust access to affordable, flexible capital. Robert’s leadership and expertise, gained from 25+ years in specialty lending, will be critical to expanding our funding capabilities and to continuing to provide creative financing solutions to thousands of growing small businesses nationwide.”
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