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  1. #1
    Member Reputation points: 723 CHAMP3's Avatar
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    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

  2. #2
    Is Vegas considered West Coast?

  3. #3
    Senior Member Reputation points: 68233
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    Quogue, NY
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    Quote Originally Posted by CHAMP3 View Post
    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
    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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