Results 1 to 12 of 12
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03-28-2019, 06:27 PM #1
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Aviation CO
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
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03-28-2019, 08:17 PM #2
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What state are the properties? And what type of properties?
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03-28-2019, 09:04 PM #3
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- Tampa, FL
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03-28-2019, 09:29 PM #4
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- Oct 2017
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- NY, NY
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Last edited by jared; 12-16-2021 at 06:32 PM.
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03-28-2019, 09:56 PM #5
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Gonna be hard to do an A/R line with the SBA having a blanket lien on receivables.
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03-28-2019, 11:11 PM #6
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Yeah sure eatadick
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03-29-2019, 09:21 AM #7
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I would try Lift Forward before WBL!
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03-29-2019, 09:25 AM #8
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Liftforward only does commercial property these are residential condominum properties in Nevada
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03-29-2019, 09:34 AM #9
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."Nick Hubbard
Senior Loan Advisor
314-252-0299 - Office
314-885-2262 - Direct
nick@elitefactoring.com
www.elitefactoring.com
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03-29-2019, 01:42 PM #10
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- Nov 2018
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- San Diego, CA
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- 75
Internex Capital offers a LOC that would fit here. But strange the SBA wouldn't subordinate so that may be an issue. Good luck.
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03-30-2019, 03:34 PM #11
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- Mar 2019
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- Henderson , NV
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- 9
I can get thid done quickly feel free to call me anytime 702-748-2312 jefferon
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04-01-2019, 02:29 PM #12
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