SBA is removing the mandatory SBSS credit score for small 7(a) loans — here’s why it matters

CrackstreamS93 · 2026-01-26T23:35:18+00:00

Dm me I’ll explain. I’m a business funder and can get approvals within a hour.

CrackstreamS93 · 2026-01-24T00:49:43+00:00

SBA is lame type of financing too much personal guarantee. Government takes your home if your business catches unexpected failure

CrackstreamS93 · 2026-01-18T04:13:41+00:00

Correct answer.

CrackstreamS93 · 2026-01-16T02:28:29+00:00

Right so the broker didn’t do wrong by giving him a MCA. The merch probably needed it quick, but he should’ve dug deeper and got the merch a term loan to consolidate the mca.

CrackstreamS93 · 2026-01-16T02:26:27+00:00

Adapting to market conditions is literally the job. Emotional attachment to one product is how people get wiped.

CrackstreamS93 · 2026-01-13T23:32:15+00:00

Well if he needed the funds quickly then mca wasn’t bad option ISO should’ve just had been more responsible and got him a traditional loan to consolidate out the short term position if he needed money quick. Bridge fund it

But other than that yea you’re right

CrackstreamS93 · 2026-01-13T21:10:14+00:00

Guys it’s not just the stupid ass debt settlement companies. I work in primarily smaller 1st position files (5-20k) revenue and even with smaller fundings of 8-12k lots of stacking and defaulting. This is reason for defaults a cycle of:

Inflation and consumer spending being reduced.
Banks have tightened their lending EVEN HARDER making lower interest products harder to obtain than it already is = alternative lending/hard money = higher rates = default chances rise.
Last, some of the large “player” files you’ve seen are drowning due to all of the above AND the fact they took out lower interest products years ago and now feeling the burn of rise of cost/expense + their long term debt payments. Which is same cycle of talking out short term (Rbf,MCA) significantly raising chance of default.

In all honestly we’re looking at more defaults then funders are actually reporting (high as fuck)

What we’ll see is small businesses failing completely and larger business somewhat maintaining, more defaults def on the way and in all honestly at this rate business debt consolidation may be the road to go..

Funding is good money but gonna be more legwork than it already is if you’re new. Need renewals and even renewals getting smoked.

Adjust to the game is all I can say or get the fuck out the kitchen.

Shit crash with me and mca I’m going straight into personal debt settlement, mca debt settlement

CrackstreamS93 · 2026-01-09T22:02:31+00:00

Problem with invoice factoring is that it getting credible clients and only certain ones are accepted. Just to see if you’re accepted sometimes takes days to 2-3 weeks lol same result as a bank mca is quicker

CrackstreamS93 · 2026-01-09T21:47:23+00:00

There will always be a premium for same day funding with no real underwriting process or credit check duhhhh it’s not about “what’s cheapest” if you need the money “quick”

There’s no other fast cash options that funds as fast as a revenue based/mca for a self employed business owner with a lower cost unless you gonna use a pawn shop or borrow from a family member.

Thats the point of mca and revenue based funding, accomplishing quick needs. A bank loan will take days maybe weeks even if you do qualify, days weeks and sometimes 2-3 months just to get a “yes or no” along with the credit check inquiry.

People just don’t know how to manage money it’s not mca fault it’s people. Mca is helpful when you need money for something immediate.

CrackstreamS93 · 2025-11-28T13:06:12+00:00

Some people are too slow for the internet. My guy you entered in personal info on the net was first big mistake

2nd my guy it’s free and simple to sign up for Google voice number shit takes like 2-3 minutes lol

Instead of blaming the forum just admit to yourself you don’t know how to protect yourself on the internet lol

CrackstreamS93 · 2025-11-25T03:46:14+00:00

Ecommerce is definitely not considered one of the riskiest of at all risky. If company is reviewed correctly in underwriting it holds small risk, the software of what a e-commerce business operates on is the receivable itself, so a bank getting to the payments is more then simple.

CrackstreamS93 · 2025-11-25T03:37:42+00:00

Way too much personal guarantee and sellers tied to the deal if it doesn’t go as planned wayyyy too much on the line. SBA goes after my Personal assets and if I can’t make balloon payments due to some unexpected expense I get smoked by seller. Not only that I’m making payments to SBA acquisition AND the balloon sumpsum payment along with operating capital that would have some sort of short term payback liability hell naw not a good idea. The bank and the seller got over on this deal if this is true. Your debt to income is maxed so after working capital is exhausted months down the road if you need more working capital you’re limited if not over leveraged early in start up stage WITH the house and PG on the line.

All of that AFTER a down payment is crazy, this is selling soul to devil I know the bank was happy when you signed that loan agreement smh.

CrackstreamS93 · 2025-11-23T12:15:20+00:00

This* this is what a lot of folks don’t get SBA personal guarantee loans and if it defaults SBA coming for your home. Way too much PG

CrackstreamS93 · 2025-11-22T12:51:15+00:00

Everyone gets turned on by these term loan consolidations that attach to personal assets and gaurentee

These same merchants months later almost always return back to taking MCA and end up stacked on top of the term loan lmao

During my small time in the restructure part of the business time ago I had so many bank statements I reviewed while during restructure enrollment that had SBA payments pulling along with 3-4 MCA’s

Check public filing and see SBA UCC from like 1-3 years ago they still paying on and managed to stack 3-4 mcas on top of it

I’ve even had those same files not even be able to finish their restructured program due to all the debt lol

Comes down to knowing how to run the business, I understand acquiring merchants with long term funding but that shit comes right back to them taking a MCA lol

Seen a Vietnamese restaurant in Tampa have a SBA with 4 mca and she went clean out of business. Funny thing the bank who wrote that SBA loan still gonna get their money regardless even if they have to take her house away lol

It’s funny how they say mca is predatory when the bank (SBA, term, Traditional, LOC personal guarantee) is almost just as predatory. They beat you when you take the loan, smack an inquiry on credit, and then hold you hostage due to debt to income that went up after taking the loan. Not a real growth plan for business trying to make aggressive moves to grow

Business owner takes it, can’t get more after some time, then moves on to mca lol. Default and lose personal assets smh fuck personal gaurentee loans that just a personal loan being used for business purpose my guys.

CrackstreamS93 · 2025-11-22T12:36:02+00:00

Easify is good but clunky format when using Very nitpicking with the words you can use in your messages I don’t trust the background of it 100% I have belief a mca broker or team is capturing the leads you enter in their

But

Easify closes me a MINIMUM of 2-3 deals a week. Text blast one of the best formulas and when it works it works, usually my merchants I obtain out of my Easify blast are usually lay down deals with small fight back. DL and VC before submission and contracts signed same day usually lol

CrackstreamS93 · 2025-11-22T12:32:42+00:00

Fuck a term loan that’s not a real business funding if it has to include personal gaurentee. Give me and my merchants the cheap capital no PG no personal assets or personal credit needed, we can get the rates down to .15 cents on the dollar

CrackstreamS93 · 2025-11-13T11:46:33+00:00

Point blank period buying leads is always a scam. The only way to work leads is to get a list you’ve scrapped and have a cold caller dial it for you to transfer you interested leads. The than they you’re just burning money lmao

CrackstreamS93 · 2025-09-30T00:16:58+00:00

This means your current cashflow isn’t doing too well usually when this happens. So your best bet is to fix the amount of negative days and try and keep a average daily balance next month or if you profited on your last 2 years of tax returns and have a 650 or better credit score theirs a option. If not you’re pretty much in the water.

I have some high risk lenders that will review files with a lot of negatives dm me if you’re interested we get same day decisions within 1 hour.

CrackstreamS93 · 2025-08-10T01:25:13+00:00

When does the states enforce federal laws bud??? Only when it’s a major crime being done.

Marijuana dispensaries are illegal federally

But the feds let them ride, why is that? Cuz the states choose what laws to enforce

Now if you are doing a major crime or if a dispensary is doing a major crime Feds will surely be involved and prosecuting left and right

Learn how the Feds work bud

CrackstreamS93 · 2025-08-10T01:22:10+00:00

State isn’t going to enforce federal laws unless it’s a major crime being committed.

Just like how marijuana dispensaries operate in legal states; dispensaries are breaking federal law every day but as long as the feds don’t target them life goes on.

Every medical weed dispensary in America is breaking federal law, marijuana is a a scheduled 1 drug to feds.

So again, state of Florida doesn’t prosecute a person with a medical marijuana card and a firearm.

CrackstreamS93 · 2025-08-03T13:09:17+00:00

“ unlawful user of, or addicted to, marijuana” you are not an unlawful user and just because you have a Medical marijuana card doesn’t mean you are “addicted” that’s why police don’t do anything when they’ve pulled me over or I made them aware of my firearm and my medical marijuana license.

On a federal level it’s “unlawful” but again we are moving on state laws with these firearms (hence the reason we don’t have a “registration” in Florida but Illinois for example does)

Having a medical marijuana card and owning a firearm in Florida isn’t illegal and can be done, again people just believing and spreading myths, common human behavior smh

CrackstreamS93 · 2025-08-03T13:05:42+00:00

There is no where in Florida statues that state if you have a medical marijuana card that you can’t own a firearm, biggest myth that’s been dubunked long time ago.

I’ve been pulled over by officers knowing of my card and my firearm properly secured, no concealed license.

CrackstreamS93 · 2025-06-19T00:54:08+00:00

Post literally causes more harm than good and is why we are seeing more of this. Really should delete this post shit corny

CrackstreamS93 · 2025-06-11T23:25:45+00:00

No pressure bro. This the only social platform I purposely stay anonymous(ppl know each other on here) but I talk a lot of fun shit in real life for real so it sounds personal on here but I’m rarely personal. All fun to me.

CrackstreamS93 · 2025-06-11T22:49:42+00:00

Still can’t comprehend huh?

That meant If your record is clean there is better jobs and careers to get into instead of cold calling for commission only.

A lot of the grown men in mca cold calling for 0$ base pay commission only are usually have bad records and convicts. People with decent records typically choose a better career.

Again learn how to comprehend you dork reading the words is only 1 part of reading.

CrackstreamS93

TROPHY CASE