Results 1 to 4 of 4
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05-24-2019, 12:38 PM #1
- Join Date
- Apr 2017
- Location
- Orange County, CA
- Posts
- 93
$50000 - Consolidation and Capital
Client has 1 MCA + 2 Paypal loans, and one Fundera Loan Totaling $54000
We would like to secure $50,000, payoff a few positions and net the client 10-15K. Term must be 9+ months
If your a lender and interested in the transaction please send me a DM.
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05-24-2019, 04:56 PM #2
- Join Date
- Jul 2017
- Posts
- 548
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05-25-2019, 11:44 AM #3
- Join Date
- Apr 2014
- Posts
- 781
Impossible, you should know this
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05-29-2019, 09:23 AM #4
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
If the client has been in business at least 1+ year, the guarantor FICO score is 640+, they have earnings on their filed corporate return- there are several term loan options that will help the client.
The Amex advance (typically around 1.08 over 12 months- which we have access to-as well as Swift) beats the pricing on Swift/Pay Pal- but those rates are much more expensive than a term loan of 2+ years.
Clients need to have a DSC package (prior corp and personal returns, YTD P and L and balance, debt schedule etc.) in order to get a result that is better than an advance.
Business Capital Consultants Corp
3237 Rt 112 Suite 9
Medford, NY 11763
rg@businesscapitalconsultants.com
Office: 631-880-7501
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