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  1. #1

    $500,000 LOC for Law firm with 640 FICO

    What lenders offer a BLOC based on 640 FICO and $3M revenue?
    Pay Per Lead service. No long-term contract. No monthly retainer. Pay only for the leads you need.

    BoomBangingMedia.com - because retainers are stupid.

  2. #2
    Senior Member Reputation points: 4567 NickHubbard's Avatar
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    No one!
    Nick Hubbard
    Senior Loan Advisor
    314-252-0299 - Office
    314-885-2262 - Direct
    nick@elitefactoring.com
    www.elitefactoring.com

  3. #3
    Senior Member Reputation points: 216519
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    If they've got A/R from their business clients, there are some great factors out there that will do it.

  4. #4
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    or you can get a termed loan going out to 2-4 years with monthly payments at low rates.

  5. #5
    Senior Member Reputation points: 68233
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    Quote Originally Posted by abfunders View Post
    If they've got A/R from their business clients, there are some great factors out there that will do it.
    Hard to Factor Law Firm receivables.. WAY too many disputed amounts. There are Banks that specialize in lending to Law firms but liquidity is limited compared to AB lenders.

  6. #6
    Senior Member Reputation points: 34509 Jstarr's Avatar
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    TD bank is offering $100,000 signature loans for business with 400,000 in revenue and 650 fico..
    Jerry Starr
    Insource Funding
    433 Plaza Real, Ste 275 Boca Raton, Fl 33432
    P: 800-805-3391 Fx: 561-270-6895
    Jerry@insourcefunding.net | insourcefunding.net

    WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL

  7. #7
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    Quote Originally Posted by briandario View Post
    What lenders offer a BLOC based on 640 FICO and $3M revenue?
    Try them: https://www.counselfinancial.com

  8. #8
    Senior Member Reputation points: 68233
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    Quote Originally Posted by DeanR View Post
    Typically specific to contingent fees- not AR

  9. #9
    Senior Member Reputation points: 24139
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    Try headway.
    Carl Fairbank
    Founder & CEO boldMODE
    www.boldmode.com
    Carl@boldmode.com
    Founder & former CEO of Breakout Capital (sold to SecurCapital in 2019)
    www.breakoutfinance.com

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