[holdinghand]

I have a client that owns three entities in the creative space. In 2017 they moved all incoming revenues to the newly formed entity (10/2016) and they use the other entities to perform work for the main entity. Credit is 700+ Anybody do a/b paper deals with less than a yr in business? You can see statements for all entities.

[mreruiz]

LoanMe only requires (2) months in business.
LoanMe, Inc
949-535-7798
Email: Business.Loans@LoanMe.com

1900 S State College Blvd. Suite 300
Anaheim, CA 92806 www.loanme.com
www.loanme.com/SBL-partner

[abfunders]

Good credit means Lines of Credit
You won't get the large ones, but the smaller ones - that's where you can really make a killing. They're your only shot. Let me make an introduction for you? Send me an email, we'll discuss it, and you'll still make full commission without me.

[Kevin Henry-Seacoast]

Good credit means Lines of Credit
You won't get the large ones, but the smaller ones - that's where you can really make a killing. They're your only shot. Let me make an introduction for you? Send me an email, we'll discuss it, and you'll still make full commission without me.

No they are not their only shot.....

[abfunders]

No they are not their only shot.....

I guess assuming they have invoices to factor, assets or some form of collateral, then Kevin is correct.
I was referring to the unsecured business loans like most of the MCA world deals with. And I guess LoanMe would work if you're looking for something REALLY short-sighted and high interest.

[Kevin Henry-Seacoast]

I guess assuming they have invoices to factor, assets or some form of collateral, then Kevin is correct.
I was referring to the unsecured business loans like most of the MCA world deals with. And I guess LoanMe would work if you're looking for something REALLY short-sighted and high interest.

I was not suggesting factoring. Banks are throwing around unsecured lines of credit for companies mentioned above like giving away Chiclets. This company can qualify for way better than MCA.

[mishaane]

I have a client that owns three entities in the creative space. In 2017 they moved all incoming revenues to the newly formed entity (10/2016) and they use the other entities to perform work for the main entity. Credit is 700+ Anybody do a/b paper deals with less than a yr in business? You can see statements for all entities.

How much are they looking for?

[holdinghand]

How much are they looking for?

They are looking for a $500k LOC. They have about $100k in inventory and $100k in A/R at any given time but 500k is a stretch.

[Yankeeman07]

I have a client that owns three entities in the creative space. In 2017 they moved all incoming revenues to the newly formed entity (10/2016) and they use the other entities to perform work for the main entity. Credit is 700+ Anybody do a/b paper deals with less than a yr in business? You can see statements for all entities.

We may be able to assist. - Call me.

[abfunders]

I was not suggesting factoring. Banks are throwing around unsecured lines of credit for companies mentioned above like giving away Chiclets. This company can qualify for way better than MCA.

Very well they could be, but to get $500k is not as simple as you can imagine with <1 year TIB. You have to go to the right banks, with the right documents, and not get rejected and have the inquiries. That's the added value that I want to give to anyone out there on this forum... To get deals like this done in an efficient manner and make money.

In this deal, the TIB will mean they can't apply for a bank LOC, but non-bank ones, I can help co-broker ;-)