Quote Originally Posted by The Price is Right View Post
I have a merchant with 2 open positions looking for an SBA loan he was funded over 500k between the 2 positions.
He is looking for something with a longer term and better rates. If anyone who is a direct lender can help me broker out this deal as an SBA or can give me an approval please let me know and We can get working together ASAP.
Already got approved by IOU and Qaurterspot so dont reach out to try and broker this deal thinking you can get me a longer term than what I already have.
Hi The Price is Right,

What industry? Have you considered doing an ABL facility? A company billing $1Mil/Month is likely to have $1.5Mil to $2Mil in receivables outstanding. If they have equipment and inventory it might be included in the line. Kevin.Henry@SeacoastBF.com www.seacoastbf.com a division of seacoastbank.com