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02-14-2018, 06:03 AM #1
Reputation points: 231
- Join Date
- May 2016
- Posts
- 29
Need Large Credit Line For Outdoor Living Business
We helped client get two SBA 7a loans in a period of two years. $7m revenue, $500k net income in 2017. SBA loan 1 is $350k, SBA loan two is $900,000. SBA loan 2 was for launching new city. FICO is 760. So new lender will have third position in the main entity.
Client is growing super fast and is looking for a legit low cost credit line to deal with seasonality and high demand. Any recommendations? Need a banking product. Bluevine, Fundbox won't do. Looking to work with a direct lender or someone with a good track record.
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