Co doing 7 million a yr in revenue
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  1. #1

    Co doing 7 million a yr in revenue

    Wanted an SBA Loan for $250k but had a negative on credit report due to unpaid bill (working on it) dropped them just below cut off fico. Has an advance for 400k paid 40%. Who can do 250k similar to a SBA loan. Credit 640's

  2. #2
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    Did you try Breakout? They serve the SBA tweeners.

    At the same time, make money on credit repair - Reach out to me.
    Last edited by abfunders; 11-06-2017 at 03:03 PM.

  3. #3
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    $7M company looking for capital

    Quote Originally Posted by J456 View Post
    Wanted an SBA Loan for $250k but had a negative on credit report due to unpaid bill (working on it) dropped them just below cut off fico. Has an advance for 400k paid 40%. Who can do 250k similar to a SBA loan. Credit 640's
    J456,

    Give me a call as we could provide a term loan up to $700K based on business income, however would need RE to collateralize the loan (2nd, 3rd-position).

    All the best.

    Sean
    LiftForward
    917.477.6534
    sean@liftforward.com

  4. #4
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    Quote Originally Posted by abfunders View Post
    Did you try Breakout? They serve the SBA tweeners.

    At the same time, make money on credit repair - Reach out to me.
    Thank you AB! Yes, we have a full program that we will work with the broker (or business -- your call) and we can provide credit improvement solutions through a partner we use consistently as part of our merchant improvement program (or contact abfunders, and well work together, we are fine with that) and structure a long-term loan with aggressive prepayment discounts if it's under our SBA bridge product.
    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

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