Can any lender do actual revolving line of credit up to a 1 million?
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  1. #1
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    Can any lender do actual revolving line of credit up to a 1 million?

    Merchant is looking for a BLOC for 1 million. 750 fico deposits around 3mill a month. Has three medical facilities perfect credit, bank statements, no positions, no liens. Does not want go through bank hassle of paperwork etc etc. if any actual lender or bank goes that high on true lines of credit please pm. Thank you.

  2. #2
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    Quote Originally Posted by Sachip24 View Post
    Merchant is looking for a BLOC for 1 million. 750 fico deposits around 3mill a month. Has three medical facilities perfect credit, bank statements, no positions, no liens. Does not want go through bank hassle of paperwork etc etc. if any actual lender or bank goes that high on true lines of credit please pm. Thank you.
    Would be appreciative to whom we are speaking to. That being said, we have access to a BLOC that provides lines of credit.
    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

  3. #3
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    Depending on collateral, credit junction may be worth a call.
    Carl Fairbank
    Founder & CEO boldMODE
    www.boldmode.com
    Carl@boldmode.com
    Founder & former CEO of Breakout Capital (sold to SecurCapital in 2019)
    www.breakoutfinance.com

  4. #4
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    What does their AR look like?

  5. #5
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    Quote Originally Posted by Cfairbank View Post
    Depending on collateral, credit junction may be worth a call.
    TCJ avoids Medical receivables like the plague.. Depending on net receivables and parties billed (is it Medicare/Medicaid or Insurance Companies?) we can assist in steering the file in the right direction.

    Feel free to reach out if you would like assistance..

    RG

    rg@businesscapitalconsultants.com

  6. #6
    Call Lorraine at 765.517.0975.

    Lorraine McNair - COO
    MoveAhead Financial
    2114 E Blvd
    Kokomo, IN 46952
    lorraine@moveaheadfin.com
    765.517.0975

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