[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.

[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 ;-)