[RS Capital]

Greetings!!

I have a client that needs a supplement loan to compliment his LOC. Revenues are $4 million, good credit, solid company 10 years in business and he needs $300k for 12 months, but at a low rate.

Can anyone help me here?

Thank you in advance

[Fetachini]

Product information:
- 2-4 year payback term
- monthly payments
- 10-18% rate
- 6-8 weeks funding

Qualifications:
- must have collateral or use A/R as collateral
- credit score is not an issue

To get qualified:
-application
-6 months bank statements
-2 years of corp tax returns
-2 years of personal tax returns
-Debt schedule (including mca balances and any other loan/debt)
-Detailed use of proceeds
-Aging Recievables & Aging payable reports (if applicable)

edit* - Can buy up to 2.5 million in mca debt as well

[Kevin Henry-Seacoast]

Greetings!!

I have a client that needs a supplement loan to compliment his LOC. Revenues are $4 million, good credit, solid company 10 years in business and he needs $300k for 12 months, but at a low rate.

Can anyone help me here?

Thank you in advance

Hi RS Capital,

What industry? So long as it's not construction or healthcare services, I would be happy to take a look.

Best,

Kevin

[RS Capital]

Kevin,

It is in the Hardware industry and they supply large national chains.

Robert

[Kevin Henry-Seacoast]

Kevin,

It is in the Hardware industry and they supply large national chains.

Robert

Would love to lean more! I just financed 2 fastener distributors....nut and bolts.

[brokerCompany]

Would love to lean more! I just financed 2 fastener distributors....nut and bolts.

KEvin from the post looks like merchant wants to supplement his LOC with a loan. You guys don't offer stand alone loans but would want to take out that LOC and offer a bigger LOC facility based on his AR?? Correct me if I am wrong

Try fundation they will consider loan after a bank LOC

[Kevin Henry-Seacoast]

KEvin from the post looks like merchant wants to supplement his LOC with a loan. You guys don't offer stand alone loans but would want to take out that LOC and offer a bigger LOC facility based on his AR?? Correct me if I am wrong

Try fundation they will consider loan after a bank LOC

Hi Broker-correct, we would want to take out the LOC and offer a larger facility. I spoke with RS earlier and pointed him in the direction of someone who might be able to help.