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  1. #1
    Noob Reputation points: 10
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    Nov 2017
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    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

  2. #2
    Member Reputation points: 2130
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    Id check out Bluevine.

  3. #3
    Senior Member Reputation points: 179851 ryan $'s Avatar
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    Fundbox, Bluevine

  4. #4
    Senior Member Reputation points: 35477 brokerCompany's Avatar
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    A real LOC outside of a bank is going to require AR

  5. #5
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    Quote Originally Posted by brokerCompany View Post
    A real LOC outside of a bank is going to require AR
    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.
    Hedley Lamarr......That's Hedley

  6. #6
    Senior Member Reputation points: 35477 brokerCompany's Avatar
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    Quote Originally Posted by kevinhenry0527 View Post
    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.
    Hey Kevin thanks for repeating my point

  7. #7
    Member Reputation points: 270
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    With an outstanding balance with Kabbage, BlueVine will cap the LOC at $35,000.

  8. #8
    Senior Member Reputation points: 503040
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    Quote Originally Posted by With A C View Post
    With an outstanding balance with Kabbage, BlueVine will cap the LOC at $35,000.
    And that's only if they answer their phone.

  9. #9
    Senior Member Reputation points: 202993
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    Quote Originally Posted by WestCoastFunding View Post
    And that's only if they answer their phone.
    which will never happen

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