Results 1 to 10 of 10
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08-22-2017, 11:37 PM #1
- Join Date
- Nov 2016
- Posts
- 11
Merchant looking for a $1.4 million SBA loan, either 504 or 7a
Who can help with this?
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08-23-2017, 12:00 AM #2
- Join Date
- Oct 2016
- Posts
- 4,318
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08-23-2017, 12:12 AM #3
- Join Date
- Nov 2016
- Posts
- 11
Merchant needs the funds to purchase a building, expand the building, and buy equipment. Credit is very good. Needs an approval within 8 days. Business is a car repair and detailing shop.
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08-23-2017, 01:49 AM #4
- Join Date
- Oct 2016
- Posts
- 4,318
I mean, a term sheet is possible in that time. But there sure are a lot of hurdles and whoever will help you place this will need some more info: Are they cash-flowing? What were their net profits in 2016 and 2017 YTD? Projected profits? Any debt? Will their potential debt service coverage ratio be around 1.1 or 1.3 under stressed conditions? What does their balance sheet look like? Does the owner have a strong personal financial statement?
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08-23-2017, 11:01 AM #5
- Join Date
- Apr 2017
- Location
- Orange County, CA
- Posts
- 93
You can try Daniel Choudhury at Celtic Bank. Good guy, DChoudhury@celticbank.com 214-499-0010
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08-23-2017, 05:23 PM #6
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,959
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
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08-29-2017, 10:34 AM #7
- Join Date
- Aug 2017
- Location
- Las Vegas, NV
- Posts
- 7
I can help you. 24 hour approval with 4 months bank statements and loan application. Fast funding. Call or text Renee 702-743-7438 or email dynamicinnovations1@gmail.com and I will send you the application.
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08-29-2017, 10:41 AM #8
- Join Date
- Oct 2016
- Posts
- 4,318
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08-30-2017, 08:47 AM #9
- Join Date
- Apr 2016
- Location
- Florida
- Posts
- 133
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08-30-2017, 01:11 PM #10
- Join Date
- Jul 2017
- Location
- FL
- Posts
- 35
If anyone offers a SBA Loan offer in 24 hours, be wary.
AmeriFactors Financial Group is a direct lender and has funded over $5BILLION since 1990.
We offer:
• NON-Recourse A/R Factoring
• PO Funding
• Asset Based Lending (ABL)
• SBA Loans
Good luck!
Rob Brownell
Amerifactors Financial Group
p: 772-419-8606
e: rbrownell@amerifactors.com
w: www.amerifactors.com
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