$2.4 million Debt Consolidation and Business Expansion Loan
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  1. #1
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    $2.4 million Debt Consolidation and Business Expansion Loan

    Who could assist me in this deal? Send me PM Only. Looking for Direct Lenders for details. Thanks
    Last edited by Creative Lender; 03-06-2018 at 03:57 PM. Reason: Add information

  2. #2
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    If you want a direct lender to reach out to you, you'll have to clarify some things:
    - What's the industry?
    - What's the collateral?
    - What's the FICO?
    - What type of debt do they currently have?

    As Richard will undoubtedly ask.... Do you have the most recent Balance Sheet?

    Direct lenders are not the right people to do this. They'll only push one product, and you likely need several.

    You're going to need a team for:
    Reverse Consolidation (if they guy has MCAs)
    Real estate financing (hard money and/or mortgage)
    A/R financing
    Inventory financing
    Lines of Credit

    I'm currently restructuring a very large loan that has an SBA, Funding Circle, National, a private real estate mortgage, as well as a several personal loans involved. We're getting him one payment on all of it.

    If you don't even know these products or places to go for them, there are several of us here who can help (and some of us know how to monetize without co-brokering). I can, Richard Gerard is excellent... lots of options.

  3. #3
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    Richard is exceptional

  4. #4
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    Quote Originally Posted by Creative Lender View Post
    Who could assist me in this deal? Send me PM Only. Looking for Direct Lenders for details. Thanks
    Thank you Micah and Golf.. Working with trusted/professional partners is vital, you guys are definitely that..

    Understanding the nature of work flow as an ISO, I understand the desire to make as much as you can on every deal. Where I believe there is a disconnect is thinking that knowing the name of a lender/bank will allow you to do a deal with them.

    Working with a Consultant that can understand the clients business, speak the language of their CPA and CFO, and be able to structure a multi tier transaction- will often be the difference between writing one transaction, as opposed to several larger transactions AND having a long term relationship with your client(s).

    Sometimes making 50% of something large is better than making 100% of something small..

  5. #5
    Sent you a PM

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