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09-18-2014, 02:57 PM #1
Reputation points: 50583
- Join Date
- Jul 2014
- Location
- Online
- Posts
- 965
Now I need HELP!
Industry: Medical
Annual: 7-8 MM
Credit: 700's
Here is the deal: I have multiple SOLID offers ranging from $500k and down. He is not comfortable with the rates (from 1.25+)
He wants a BLOC or an SBA type loan. I've been on calls with him, I can answer questions- This is a solid GROWING business in need of capital to expand without hurting his existing business and having to deal with the option of paying back a high daily balance or funding payroll.
EMAIL ME: Optionsbusinesslending@aol.com
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11-07-2014, 01:14 PM #2
I just joined this forum and saw this post. If this client is still looking for financing, I would highly suggest you get them into an AR line of credit as opposed to a cash advance. Our rates are in the high teens and the structure is much better for them than the daily ACH payments.
Ben Rutkevitz
Alleon Healthcare Capital
benr@alleoncapital.com
(201) 340-6346
http://www.alleonhealthcare.com/