Qualified Merchant with 800 Credit score looking for 1.8-2M Term loan
Need a Funder or Vendor? START HERE

Results 1 to 4 of 4
  1. #1

    Qualified Merchant with 800 Credit score looking for 1.8-2M Term loan

    Looking for a 1.8M-2M line of credit or term loan for a qualified merchant. been in business almost 5 years. Any direct funders here who can fund this?

  2. #2
    Banned Reputation points: 7556 cmarks's Avatar
    Join Date
    Oct 2016
    Location
    Florida
    Posts
    189

    my guess is you wont find any lender that will offer a suitable unsecured term loan or loc on here but someone will 'have a guy'.

  3. #3
    Senior Member Reputation points: 16709
    Join Date
    Jul 2014
    Location
    Jackson Hole Wy
    Posts
    726

    Why would that qualified merchant not go to a bank? Anyone who says they have a guy will try to place it with a bank. You just need to know how to package the deal and present it, get a fee agreement with your client and shop some banks. If you dont know how to do that or dont have time to do that than use someone on this board. there are a few brokers that can place it.

    One of the few direct funds on this board that can do that amount would be Kevin as long as they have invoices and it is the right industry.

  4. #4
    Senior Member Reputation points: 338265
    Join Date
    Mar 2015
    Location
    Boynton Beach
    Posts
    3,473

    Quote Originally Posted by PC2201 View Post
    Looking for a 1.8M-2M line of credit or term loan for a qualified merchant. been in business almost 5 years. Any direct funders here who can fund this?
    PC2201-What industry? Would they consider factoring or an asset based line of credit. $2Mil is easy for us.

    Omega-Thanks for the mention.
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

Similar Threads

  1. 680 Score / Transportation / Term Loan
    By CFSCCorp in forum Deal Bin
    Replies: 3
    Last Post: 08-16-2017, 04:16 PM
  2. TERM LOAN LENDERS NEEDED 620 Credit Score... Dircect
    By Dhorton in forum Business Loans
    Replies: 9
    Last Post: 11-01-2016, 09:42 AM
  3. Replies: 1
    Last Post: 09-23-2016, 09:35 AM
  4. Replies: 4
    Last Post: 03-25-2015, 11:09 AM
  5. Replies: 4
    Last Post: 12-30-2014, 11:42 AM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Fed penalizes Evolve Bank
Cloudsquare unveils Cloudsquare Lend
Pipe secures $100M credit facility


DIRECTORY