Quote Originally Posted by TMR View Post
Ny manufacturer. 2017 5.4MM Gross. 1 balance 150k- 12 month deal 1.20 with a weekly payback.
Credit low 600's . Personal BK fully discharged 5 years ago.
Daily bank balances immaculate.

Looking for 600-800k , an unsecured bridge for 6-9 months beating the in place lender by price and payment structure.
TMR-I have a solution.... Factor his AR. He is billing around $450K a month. I bet he has over 600K outstanding which means he would likely get a $750K to $1Mil facility. If the financials look OK we would consider an inventory and/or M&E consideration. Rates will be way better than what you mentioned. kevin.henry@seacoastbf.com 561-623-1872 is my direct.