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02-01-2018, 11:41 AM #1
True Bank Products
I have a program that is a true BLOC.
It is an I/O installment monthly installment. West coast clients only unfortunately at this time. Prime + 1%-2% up to $10mm
It can be coupled with a Equipment Line piggy backed on the LOC.
We also have a hybrid line of credit as well up to $100m with weekly installments. True LOC
916.400.9001 Ext.103
888.535.8499 (Fax)
info@premierbusinesslending.com
www.premierbusinesslending.com
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02-01-2018, 12:39 PM #2
- Join Date
- Sep 2016
- Posts
- 11
Is Vegas considered West Coast?
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02-03-2018, 04:11 PM #3
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
Most Banks offer products similar to what you describe. What are the Underwriting guidelines? What is the DSCR ratio on the revolver? Does the equipment/M and E a term note or strictly I/O?
We deal with several banks in the Northeast that offer LOC's and lend against Assets.. It isn't so much the offering as it is qualifying-and the amount of liquidity.Last edited by RichardGerard; 02-05-2018 at 07:53 AM. Reason: spelling
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