Bridge Loan - Tech Company 3 Months Rev
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  1. #1

    Bridge Loan - Tech Company 3 Months Rev

    Working with tech company with 3 months of revenue that is looking for $100K, 15% APR, 60 to 120 days term with the option for convertible note with 25% discount on an existing term sheet of 2M or just straight debt. Flexible on duration and rate. In 3 months they are at 125k upfront rev, 10k mrr with escrow rev and investor verification rev tbd from 16 clients.

    Can anyone do this deal?
    Last edited by BJW; 06-30-2017 at 07:41 PM.

  2. #2
    Member Reputation points: 10
    Join Date
    Jun 2017
    Location
    1306 Carroll St New York
    Posts
    11

    I can as long as they have contracts in place as well as a strong proof that there products are saleable and has a lot of potential in the market.

    Bryan Danocup
    Danocupbryan30@gmail.com
    Bryan@pccapitalllc.com
    1306 carroll st New york

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