45 Year Old Company Looking for 2 year Term
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  1. #1

    45 Year Old Company Looking for 2 year Term

    Does anyone know who is going out 2 years anymore? I have 15 month offers from national and Credibly, but they guy won't budge on term.

    Average Revs - $85,000
    TIB - 45 years
    Credit - 700+
    ADB - $5k+

    The problem with this file is that its firearm sales, gun range etc... The NAIC code comes up as Sporting goods store.

    Let me know if you think you can get out to two years on this one.

  2. #2
    Senior Member Reputation points: 12169
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    Hi Easyfund. We don't have a problem with firearms and love old businesses. I can't guarantee what we'll be able to do here but we can do 18 month deals if that helps. Feel free to email or call to chat about it: support@lendvo.com 571-388-2870

  3. #3
    Senior Member Reputation points: 81657
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    Location
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    Quote Originally Posted by easyfund View Post
    Does anyone know who is going out 2 years anymore? I have 15 month offers from national and Credibly, but they guy won't budge on term.

    Average Revs - $85,000
    TIB - 45 years
    Credit - 700+
    ADB - $5k+

    The problem with this file is that its firearm sales, gun range etc... The NAIC code comes up as Sporting goods store.

    Let me know if you think you can get out to two years on this one.
    Line of credit may be an answer
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  4. #4
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    May 2017
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    350

    Take him to breakout capital.

  5. #5
    Senior Member Reputation points: 11170
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    Loanme too/ Lendistry if in CA (collateral req in other states)

  6. #6
    Senior Member Reputation points: 11170
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    ARF can also do a LOC like product / Bluevine LOC

  7. #7
    Senior Member Reputation points: 4457
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    Many funders restrict firearms.. however, IOU will consider on case by case.. worth a shot!

  8. #8
    Easyfund,

    Feel free to call me as well. Give me the details on the offers you have on the table, and I can let you know the 2 year term is a "go".


    Kaveh Nouraee
    NVT Capital

    nvtcapital @gmail.com
    310-889-8719

  9. #9

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