Quote Originally Posted by Davincinc View Post
client who is seeking 1.5m infusion of capital.
**Not seeking an mca product or have the time for an sba product.

currently doing 4m per month, but due to large PO and backlogged maintenance schedule, they need the extra capital to expand with new highers new techs and facilities spacing to accommodate the recently secured contracts.

Currently has a bank LOC of 15m,
unsecured investors loan at 10m with a 3 yr note.
750 fico, no tax liens, 40% owner has a child support situation but not garnishing wages, but has come up in a few MCA offer. But client will not accept any mca.

the engines and equipment cannot be collateralize due to the specific nature of equipment.

Borrower will not invoice factor or PO finance.

Seeking a non collateral product and recommendations.

Davinci
Lendingclub