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I'm looking for marine lenders. Boats will be for personal use. Tom Harrier Integrity Commercial Loans 407-928-8542 broker@tomharrier.net

Reach out to me if you are ready to sign up!

Anybody read this post on Daily Funder talking about how texas introduced a bill capping all sales based financing at 18%? Can this even pass? what are your thoughts? Link below https://www.counselorlibrary.com/public/alert.cfm?productID=bl&itemID=3590

Merchant owns multiple gas stations , looking to acquire a new location ( property/land included ). high fico , high TIB, 6M/Y. Can anybody place this deal? open to co-broker. ***NO MCA**

Funders? Brokers? Anyone know who they are and how they are connected?

Ok this customer loves online banks. He is using Vero now. Years ago he switched to online and ended up on Datamerch because the funders then freaked out about weekend deposits and credit card deposits on the weekend which happens on online banks when you use their processing services. Any Ideas? Mike

OK so I funded a deal. Have all the proper CC processor paperwork and have sent UCC to CC processor after merchant R08d me. How long will it take to get funds on average?

What is the difference between Sale-Leaseback as Capital Lease (EFA Working Capital) with​ Sale-Leaseback as Operating Lease (True Lease)? The difference between a sale-leaseback as a capital lease (EFA WC) and a sale-leaseback as an operating​ lease lies in the accounting treatment and the nature of the lease agreement. • In a sale-leaseback arrangement as a capital lease: § Accounting Treatment: The sale-leaseback is treated as a financing arrangement. The lessee(the business) records the asset as a liability on their balance sheet, reflecting their​ ownership rights and obligations. The lessor (the lender) recognizes the asset as a leased​ asset on their balance sheet. § Ownership Transfer: The ownership of the equipment is transferred from the business to the lender. The business retains the right to use the equipment through the lease agreement. § Risks and Rewards: The lessee assumes most of the risks and benefits of ownership, similar to a loan or purchase. They are responsible for maintenance, insurance, and other costs associated with the equipment. • In a sale-leaseback arrangement as an operating lease: § Accounting Treatment: The sale-leaseback as an operating lease is treated as an operating expense. The lessee does not record the assets or liability on their balance sheet. The lease payments are recognized as operating expenses over the lease term. § Ownership Transfer: The ownership of the equipment is transferred from the business to the lender. However, the lease agreement is structured as an operating lease, where the business does not assume the risks and benefits of ownership. § Risks and Rewards: The lessor (the lender) assumes the risks and benefits of ownership. They are responsible for maintenance, insurance, and other costs associated with the equipment. The lessee has the right to use the equipment for a specific duration but is not responsible for ownership-related obligations. The choice between a sale-leaseback as a capital lease or an operating lease depends on factors such as the business's financial goals, the nature of the asset, and the desired accounting treatment. Capital leases provide ownership benefits and are more suitable for long-term needs, while operating leases offer flexibility and are often used for short-term requirements.

Anyone notice a significant decrease in submissions last few weeks? Wondering if its an industry thing ?