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05-02-2018, 09:39 AM #1Senior Member
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- Nov 2017
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Term Loan for Electrical Contractor
Good morning DF!
I got a merchant who I funded with National for a quarter million back in September. His volume has increased and is looking to move out of the MCA world into term loans. Him and his partner both have 720+ FICOs, gross roughly 5 million a year. I have all bank statements and financials, just term loans aren't my forte. Somebody help me out here because quite frankly I have no idea what I'm doing and would like to do right by a merchant who always comes back to me.
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05-02-2018, 10:00 AM #2Senior Member
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- Feb 2017
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I sent you a PM.
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05-02-2018, 10:06 AM #3Senior Member
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- Oct 2016
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What’s his net?
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05-02-2018, 01:31 PM #4Senior Member
Reputation points: 68233
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- Dec 2014
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- Quogue, NY
- Posts
- 1,108
Gaxisa,
Please feel free to touch base on term loans, lines of credit, and hard to place SIC codes.
Richard
rg@businesscapitalconsultants.com
www.businesscapitalconsultants.com
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05-03-2018, 09:46 AM #5Senior Member
Reputation points: 6639
- Join Date
- Nov 2017
- Location
- New York, NY
- Posts
- 171
Yeah I got him set up with my SBA guy. Thanks everybody.
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