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  1. #1
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    Term lenders over $500k?

    Any term lenders that can go over $500k?

  2. #2
    Senior Member Reputation points: 50566 ADiamond's Avatar
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    i dont know why i am referring them, but try https://lqdfinance.com/
    Anthony Diamond
    Underwriter

  3. #3
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    LQD - Aren't they just a factoring company? I'm right now trying to compete with them, actually, with a couple of banks that should be able to beat their rates.

  4. #4
    Senior Member Reputation points: 50566 ADiamond's Avatar
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    Quote Originally Posted by abfunders View Post
    LQD - Aren't they just a factoring company? I'm right now trying to compete with them, actually, with a couple of banks that should be able to beat their rates.
    No they offer a variety of products as far as I know - I know they offer something along the lines of term loans, with debt-equity/control of the company being held as collateral if the client defaults - dont quote me on that - just had an experience with them maybe 2 years ago where this was the case.

    If they're offering factoring it's most likely brokered or white labeled - maybe I am wrong again - I know they dabble in a variety of products like I said.
    Anthony Diamond
    Underwriter

  5. #5
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    Quote Originally Posted by abfunders View Post
    LQD - Aren't they just a factoring company? I'm right now trying to compete with them, actually, with a couple of banks that should be able to beat their rates.
    LQD offers term loans, and folks on this forum have had varying degrees of success working with them. their rates are not cheap- typically high teens to mid twenties.

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