[Mynameisbob]

Aviation Company 3M annual rev
1M SBA loan
250KLOC with Chase

1M In inventory

Owns 4 properties investment properties free and clear worth 600K
Might consider WBL if they can do monthly payments

Not looking for an MCA.

SBA will not Subordinate AR. They do have Credit worthy customers. Would need maybe AR and Inventory LOC

[omegafund]

What state are the properties? And what type of properties?

[rdgllc]

Aviation Company 3M annual rev
1M SBA loan
250KLOC with Chase

1M In inventory

Owns 4 properties investment properties free and clear worth 600K
Might consider WBL if they can do monthly payments

Not looking for an MCA.

SBA will not Subordinate AR. They do have Credit worthy customers. Would need maybe AR and Inventory LOC

If the properties are free and clear, you’re better off getting a refi/cashout for your client versus tying up the properties in an expensive collateralized MCA with WBL. Feel free to message me to discuss further. I’d be happy to assist.

[jared]

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[WestCoastFunding]

Gonna be hard to do an A/R line with the SBA having a blanket lien on receivables.

[Mynameisbob]

Yeah sure eatadick

[SFllc]

I would try Lift Forward before WBL!

[Mynameisbob]

Liftforward only does commercial property these are residential condominum properties in Nevada

[NickHubbard]

Liftforward only does commercial property these are residential condominum properties in Nevada

That is false! This insert is from one of their advertisements on Linkedin:

"Private direct lender providing term loans & lines of credit nationwide. Loans are structured based on creditworthiness, business cash flow and RE collateral. 4 year terms. RE can be commercial or residential and we take 2nd position up to 100% LTV. Loan sizes from $400,000 to $6 million or more."

[FroFunds]

Internex Capital offers a LOC that would fit here. But strange the SBA wouldn't subordinate so that may be an issue. Good luck.

[Thefundingguy365]

I can get thid done quickly feel free to call me anytime 702-748-2312 jefferon

[Mynameisbob]

That is false! This insert is from one of their advertisements on Linkedin:

"Private direct lender providing term loans & lines of credit nationwide. Loans are structured based on creditworthiness, business cash flow and RE collateral. 4 year terms. RE can be commercial or residential and we take 2nd position up to 100% LTV. Loan sizes from $400,000 to $6 million or more."

You were right Nick. Liftforward does use Residential. Thanks for your help