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01-03-2019, 07:11 PM #1
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
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01-04-2019, 01:07 AM #2
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
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01-05-2019, 12:56 AM #3
Reputation points: 44875
- Join Date
- Aug 2018
- Posts
- 837
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anyone EVER fund through BCC do they really fund deals ?
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