Merchant seeking monthly payment
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  1. #1

    Merchant seeking monthly payment

    Hello,

    I have a client who does 10 million a year. The merchant has 4 positions. The merchant is looking for a term loan, something similar to funding circle. Can anyone help point me in the right direction for this file?

    Thanks,

  2. #2
    Senior Member Reputation points: 340530
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    Quote Originally Posted by CashAdvanceKing View Post
    Hello,

    I have a client who does 10 million a year. The merchant has 4 positions. The merchant is looking for a term loan, something similar to funding circle. Can anyone help point me in the right direction for this file?

    Thanks,
    What industry? $10Mil/year revenue company could have a lot of great choices for credit products.
    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

  3. #3
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    Quote Originally Posted by CashAdvanceKing View Post
    Hello,

    I have a client who does 10 million a year. The merchant has 4 positions. The merchant is looking for a term loan, something similar to funding circle. Can anyone help point me in the right direction for this file?

    Thanks,
    Hi, Does the borrower have any commercial or residential properties they could potentially use as collateral? I'm not asking because of WBL type programs. We can facilitate term loans under 12% APR monthly payment, 5, 10, 15, 30 year term or amortization. Pays 2-4 points plus you can charge a fee if you'd like.

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