Results 1 to 5 of 5
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11-15-2017, 01:46 PM #1
Reputation points: 214
- Join Date
- May 2017
- Posts
- 36
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!!
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11-15-2017, 02:26 PM #2
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?
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11-15-2017, 02:33 PM #3
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
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11-16-2017, 05:53 PM #4
Reputation points: 10
- Join Date
- Nov 2016
- Posts
- 8
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
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11-16-2017, 09:03 PM #5
Reputation points: 11170
- Join Date
- May 2017
- Posts
- 350
Please ban this guy. diversepayments.
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