Results 1 to 9 of 9
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11-02-2017, 11:26 AM #1
- Join Date
- Nov 2017
- Location
- Brooklyn, NY
- Posts
- 3
Need an LOC for Aircraft Sales
I Have a Merchant who does aircraft sales and leasing, 100k+/ Monthly in Deposits.
He currently has 1 Balance with Kabbage, and is persistent on an LOC and will not take an MCA.
If anyone can help me out please let me know.
Eddie Hamilton
Senior Funding Specialist
BIZ ADVANCE NOW INC.
Tel: 212-433-2908
Fax:718-360-9673
www.BizAdvanceNow.com
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11-02-2017, 11:54 AM #2
- Join Date
- Aug 2017
- Location
- Los Angeles
- Posts
- 56
Id check out Bluevine.
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11-02-2017, 12:22 PM #3
- Join Date
- Jun 2017
- Posts
- 2,049
Fundbox, Bluevine
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11-02-2017, 02:23 PM #4
A real LOC outside of a bank is going to require AR
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11-02-2017, 02:41 PM #5
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,499
There is no AR on aircraft sales and the aircraft title must change at the time of sale. Same goes for any other transportation vehicle that requires a license to operate. This is a deal for a small hedge fund that like the industry. I know some funds, but this is way too small.
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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11-02-2017, 04:44 PM #6
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11-02-2017, 05:53 PM #7
- Join Date
- Jan 2017
- Location
- Milwaukee, WI
- Posts
- 24
With an outstanding balance with Kabbage, BlueVine will cap the LOC at $35,000.
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11-02-2017, 06:22 PM #8
- Join Date
- Oct 2016
- Posts
- 4,318
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11-08-2017, 07:21 PM #9
- Join Date
- Jan 2014
- Posts
- 1,378
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