[seanedeska]

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.

[RichardGerard]

Morning Sean,

What is the client leveraging that has not already been pledged?

Term loans- while attractive at very competitive rates- are often not really the right solution for a client that is in aggressive growth mode.

Depending on the Financials and Business sect there are options...

[abfunders]

You said the industry - who does he bill?

Unsecured LOC is definitely the right option.

Richard has options, I have options. Email or PM me, I can explain what I have to offer and make some introductions for you, let's see if you can get it to work.