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10-22-2018, 05:42 PM #1
- Join Date
- May 2015
- Posts
- 10
Expansion/Growth Loan $350k, Term Loan Needed
Hey There -
Looking for help -
Company is looking to grow into expanding markets
IT company (Data Center & Application Migration), Healthcare/Government/Retail
Verifiable $1.6M YTD in sales, weekly consistent deposits,
Outstanding A/R $138k
Business established 2002, same owner, 100% ownership
Owner credit score is 695 FICO
A US citizen
Needs 10 year term, would consider other alternatives
Limited assets
0 NSF last 12 months
0 Negative Days
One clarifying issue that was just brought to my attention - they are a couple years behind on filing taxes. They are working with their accountant to get it straight, but thought you should know.
Would like to close in the next 30 days if possible.
Please let me know if any additional information is needed. Your recommendations and feedback are greatly appreciated.
Thank you.
Tom
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