Results 1 to 4 of 4
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03-12-2018, 04:02 PM #1
- Join Date
- Jan 2018
- Posts
- 34
5 year term loan
Looking for $500k. Already has an offer for $400 on the table.
750+ score
US business
Consulting business
1.2 mil last year in revenue (have tax return)
7 years in business
Direct funders only - client requests soft pull until he has an offer.
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03-12-2018, 06:16 PM #2
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,941
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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03-12-2018, 07:19 PM #3
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
Ben... we are NOT direct lenders however we work with over 100 lending partners.
At 100k top line per month, the client will need to show substantial NOI for 500k on a short term loan. The longer the term, the more likely they will be able to afford 500k. This will NOT be an advance, and likely NOT be a term shorter than 60 months- unless they are clearing a 10-15% net profit per month- to afford the debt service.
The industry type, guarantor credit, and assets (if applicable) will determine where the file should go. Feel free to touch base if you would like assistance packaging it and sending it to a Bank/Lender.
Richard 516 510 3855
www.businesscapitalconsultants.com
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07-14-2021, 01:52 PM #4
- Join Date
- Jul 2021
- Posts
- 74
Let me know if you still need this done.
Respectfully,
Jimmy Cannata
Sigican Capital Corp.
Direct: 718-801-1085
Email: jimmy@sigicancapitalcorp.com
Linkedin.com/in/sigicancapital
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