Unsecured LOC Behind SBA Loan
Need a Funder or Vendor? START HERE

Results 1 to 5 of 5
  1. #1

    Unsecured LOC Behind SBA Loan

    I'm in need of a direct lender who could do a LOC behind an SBA loan. SBA was utilized to consolidate his cash advances, and is needing an LOC for further expansion. No collateral available, consistent growth year/year grossing $2.5MM in 2016 and on track to finish out the year grossing $2.9MM

    Any and all suggestions are much appreciated!

    Happy Humpday and Happy Funding my fellow funders!!

  2. #2
    Senior Member Reputation points: 503040
    Join Date
    Oct 2016
    Posts
    4,318

    They really got a SBA to consolidate advances? Why aren't they going back to the lender and asking for a SBA express line of credit?

  3. #3
    Senior Member Reputation points: 203690
    Join Date
    Jan 2014
    Posts
    1,370

    taking out financing behind an SBA can become a sticky situation if SBA finds out from what I have heard. He can try to refi his SBA with another SBA to get him more money or as West mentioned SBA line of credit

  4. #4
    Hello,

    We offer can offer up to $150,00 on a weekly payment

    For more information, please contact me.
    Cameron Kargl
    DiversePayments.com
    Direct Office: 310-707-1235
    cam@DiversePayments.com

  5. #5
    Senior Member Reputation points: 11170
    Join Date
    May 2017
    Posts
    350

    Please ban this guy. diversepayments.

Similar Threads

  1. Replies: 9
    Last Post: 08-02-2016, 05:31 PM
  2. Unsecured Business
    By tfgroup in forum Merchant Cash Advance
    Replies: 0
    Last Post: 03-23-2016, 04:22 PM
  3. Unsecured $100,000 Loan or LOC Needed
    By Fundyman in forum Deal Bin
    Replies: 2
    Last Post: 11-19-2015, 05:04 PM
  4. Replies: 9
    Last Post: 09-24-2015, 02:08 PM
  5. Replies: 6
    Last Post: 05-29-2014, 07:52 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Pipe secures $100M credit facility
Cloudsquare: 14 new lender APIs
FundKite survey finds 77%


DIRECTORY