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02-28-2020, 02:52 PM #1
Reputation points: 1137
- Join Date
- Jun 2016
- Location
- Brooklyn
- Posts
- 54
My merchant is looking for a 1 million dollar 18 month - two year term
Mt merchant is in the Oil business and has roughly 3 positions totaling around 450K. Has deposits of roughly 2 million plus per month. Been in business for years. Tax Returns, AR, and balance sheets are solid and good credit profile of above 700. I have personally funded him 8 times, and has paid off every advance with no issue. Right now he is looking for a larger loan and longer term here.....18 months to two years with more of a term rate. Not looking to co-broker and would prefer to work with a direct lender only on this. Please pm me if this is something we can discus or you have a product that fits here.
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03-02-2020, 12:04 PM #2
Reputation points: 731
- Join Date
- Dec 2014
- Posts
- 65
Hi, just pm'd you.
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03-02-2020, 07:14 PM #3
Reputation points: 203690
- Join Date
- Jan 2014
- Posts
- 1,378
if he has AR try ABL route. reach out to Kevin at Seacoast
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03-03-2020, 08:04 PM #4
Reputation points: 10
- Join Date
- Feb 2020
- Posts
- 16
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03-15-2020, 07:51 PM #5
Reputation points: 10
- Join Date
- Feb 2020
- Posts
- 16
More details to info@cifinanceinc.us , we will look through to see what we can get you.
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