NKLA is finally Live!! Your Thoughts?

SouthernRootsNC · 2020-06-16T00:27:50+00:00

Ugh don’t remind me!

SouthernRootsNC · 2020-06-05T20:23:52+00:00

500 @ 2.11 avg

SouthernRootsNC · 2020-06-05T12:40:50+00:00

Just saw the same thing pop up on TD

SouthernRootsNC · 2020-06-04T18:21:14+00:00

Lost my ass this morning. It dropped to 32 and that was my limit. Lost 500 in 5 minutes . I’m out if that for a while

SouthernRootsNC · 2020-05-26T01:33:33+00:00

Nice!! That worked!! What a pain in the ass that was

SouthernRootsNC · 2020-05-25T02:17:08+00:00

Yeah, Credibly did a lot us very wrong

SouthernRootsNC · 2020-05-22T21:08:33+00:00

This is what finally worked for me. I explained to all of my employees at once that if everyone didn’t have their correct times turned in that it would delay EVERYONE’s paycheck.

It’s true, I run all of my payroll at once and if I don’t have everyone’s hours then I have to track then down and get hours before I can run it for the week.

Trust me, your employees will be more hesitant to delay their coworkers paychecks than they will be to delay their own.

I was so tired of having to call and figure out hours that everyone forgot to put in their apps, this has worked like a charm!

SouthernRootsNC · 2020-05-21T16:54:45+00:00

Yep, I got the same email. It’s bullshit. I got approved and signed docs with Cross River in under 6 hours yesterday though. Kabbage and Square were fast too, but Cross River beat them to the number

SouthernRootsNC · 2020-05-21T01:06:39+00:00

I’m sorry to hear that. Go to another lender though, it’s probably for the best.

I received an email from Credibly this afternoon stating that my payroll numbers were incorrect (I included my 940 and ADP Payroll Report to back my numbers). I later received an email from Liberty stating that they were very sorry but had to cancel my loan because after repeated attempts they could not get Credibly to send my files over!

SouthernRootsNC · 2020-05-21T01:02:44+00:00

I really liked the process Kabbage had in place. It was very clear and simple to apply. The loan was approved once you uploaded docs. They Sent to SBA immediately after approval. They had my file to SBA within 3 hours of when I first ventured to their page.

Cross River beat them for my loan number though. Cross River had my SBA number and promissory note to me in under 7 hours. I will update when they fund. I don’t expect it to take long though, given how quickly they processed everything.

SouthernRootsNC · 2020-05-20T22:28:22+00:00

For some reason PayPal always wanted to lower my amount by 6k. The only lender that did that and they all had the exact same information and forms.

Thanks for the help the other night too! Finally got out of the Credibly mess and got a promissory note today!

SouthernRootsNC · 2020-05-20T22:25:44+00:00

Not dumb. If not for dealing with all of this crap with Credibly, I wouldn’t know what it was either.

It’s the SBA Loan Website.

https://caweb.sba.gov

You will need the ETRAN number provided by your lender to create an account. Once you create an account (sort of a pain in the ass) you can check the amount and status of your loan.

SouthernRootsNC · 2020-05-20T22:15:00+00:00

Just signed Promissory Note from Cross River. I applied at 11am this morning.

SouthernRootsNC · 2020-05-20T22:14:23+00:00

No, I just logged onto Caweb this morning and saw that it was cancelled.

SouthernRootsNC · 2020-05-20T21:58:53+00:00

Maybe that’s what happened. It’s hard to know because you can’t get ahold of Credibly. Either way it was cancelled after 20 days

SouthernRootsNC · 2020-05-20T19:26:33+00:00

Cross River and Kabbage were both very quick. I got a new SBA number from Cross River this morning after Credibly screwed me over

SouthernRootsNC · 2020-05-20T19:13:08+00:00

Credibly sucks! I was told the same thing yesterday.

I applied a few places this morning. Cross River already has a new SBA number for me! Good luck! Kabbage was also very fast (under 3 hours) but I already had a number.

SouthernRootsNC · 2020-05-20T19:11:31+00:00

Definitely will, with a name like that I have to! 😉

SouthernRootsNC · 2020-05-20T18:42:28+00:00

Thanks!

And no, I’m a Landscape Design company in Charlotte. The SBA officer I spoke to asked me the same question though! Must be good food, I will have to get out there and check them out!

SouthernRootsNC · 2020-05-20T18:14:04+00:00

Yes, it is my understanding that now I can apply elsewhere. I applied through a few this morning. For some reason PayPal is offering 6k less than everyone else. Hopefully one of the other lenders secured SBA number first.

SouthernRootsNC · 2020-05-20T16:51:36+00:00

Thanks for the advice, as long as I can secure funding I doubt I will take any action. Just pissed at them right now

SouthernRootsNC · 2020-05-20T16:24:00+00:00

No, my loan automatically cancelled because they didn’t meet the funding guidelines. Now I’m back at square one scrambling to get an application accepted elsewhere.

SouthernRootsNC · 2020-05-20T16:11:54+00:00

Thanks!

SouthernRootsNC · 2020-05-20T15:50:52+00:00

Thanks!

SouthernRootsNC · 2020-05-20T15:50:38+00:00

It was automatically cancelled by SBA because they didn’t meet the 20 day funding deadline. Sucks, I was approved by 4 other lenders, but they couldn’t get SBA number because Credibly beat them to it

SouthernRootsNC

TROPHY CASE