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  1. #1
    Senior Member Reputation points: 97075
    Join Date
    Jun 2015
    Posts
    754

    Who can fund

    Looking for $1 Million 6 months minimum at a decent rate (1.39 is fine)

    Currently outstanding: $3.5 Million to SBA
    Also owes BFS: $890k

    Revenue $6 million a month
    Industry: Kitchen Cabinets

    I would take 4 points commission if funded before the weekend.



    this post is just for fun

  2. #2
    Senior Member Reputation points: 227883
    Join Date
    Feb 2017
    Posts
    3,450

    This post is "Just for fun" because it won't close before the weekend, or it's not a real deal?

    These SBA loans are actually HURTING businesses. A subcontractor needs a LOC/factoring, NOT an SBA! As much as they want money to save on the SBA, they end up taking out huge MCAs since they have nowhere else to go. This could have been solved by the right credit facility. Give me an email if you want to get this done together over the next week and earn real money on revamping the entire debt structure.

    Or ignore my post if you were just having fun

  3. #3
    Senior Member Reputation points: 44875
    Join Date
    Aug 2018
    Posts
    837

    Quote Originally Posted by SmartAdvanced View Post
    Looking for $1 Million 6 months minimum at a decent rate (1.39 is fine)

    Currently outstanding: $3.5 Million to SBA
    Also owes BFS: $890k

    Revenue $6 million a month
    Industry: Kitchen Cabinets

    I would take 4 points commission if funded before the weekend.



    this post is just for fun
    Nice joke...
    Last edited by Zonefund; 01-05-2019 at 01:27 AM.

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