[Kevin Henry-Seacoast]

need big players asap competing offer MERCHANT HAS OFFER FOR 750K FOR 1YR -- FOR 1.3

Have you considered ABL or Factoring? It would certainly be a better rate and likely a larger deal for a $13Mil Company.

[shieldfunding]

merchant was already OK with 750K 1.30 meaning wasn't out of the Q to him . just looking for best option in this realm & In that realm i would love to reign supreme

[Kevin Henry-Seacoast]

merchant was already OK with 750K 1.30 meaning wasn't out of the Q to him . just looking for best option in this realm & In that realm i would love to reign supreme

Shield,

What industry? A Company doing 13Mil a year probably has at least 1.3-1.5Mil in AR outstanding. If the AR is unencumbered you should be able to get them a larger not bank ABL facility of at least 1.5Mil to 1.7Mil at rates far cheaper than quoted.

KH