Short Term LOC with Reasonable Structure from Idea Financial
Sebastian Rodriguez at Idea Financial was direct, responsive, and his his estimations were accurate and were modified to my requested format. Idea Financial is a line of credit with interest charged on the outstanding balance, with the ability to repay the loan for the outstanding loan balance. Interest is chaged daily on outstanding balance. I compared this to at least 5 other "lenders" and Idea Financial has a significanly lower cost and is more comparable to an actual/reasonable small business loan.