Monthly Payment (Term Loan)

**MCASPECIALIST** · 10-21-2016, 06:59 PM

Hey Guys,

Got a dental supply distributor doing $400,000 Monthly with strong daily ledgers. Credit Score 700. 1st position deal. This merchant is looking for a $100,000 on a monthly payment over the course of 2-3 years. Is Term Loan day way to go on this one ? I know Deal Struck and Funding Circle do them? Any other recommendations?

**Cfairbank** · 10-21-2016, 07:35 PM

We do monthly-pay term loans 12 to 24 months, rates starting at 1.15x on that product. While I don't recommend just going with us because of commission, we do offer 5 pts on each monthly pay deal (vs 2 pts with other lower cost monthly pay companies). Given information provided, I expect we would be very aggressive.

If not us, also try Fundation.

**MCASPECIALIST** · 10-22-2016, 07:24 AM

Thanks for the feedback Carl !

**Eddie.deangelis** · 10-23-2016, 06:12 PM

Carl what company are you with ?

**MCASPECIALIST** · 10-23-2016, 09:53 PM

Breakout Capital

**snajieb** · 10-24-2016, 11:35 AM

Originally Posted by MCASPECIALIST

Hey Guys,

Got a dental supply distributor doing $400,000 Monthly with strong daily ledgers. Credit Score 700. 1st position deal. This merchant is looking for a $100,000 on a monthly payment over the course of 2-3 years. Is Term Loan day way to go on this one ? I know Deal Struck and Funding Circle do them? Any other recommendations?

Good Morning.

We will lend up to 10% of Gross Annual Sales with funding up to $1M in as little as 48-hours. Let me know if this requests has been addressed or borrower is still in the market. We provide term loans up to 4-years with unmatched rate structure and generous compensation to brokers.

Give me a call or email if we can be of assistance.

Sean
LiftForward
917.477.6534
sean@liftforward.com

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