My merchant is looking for a 1 million dollar 18 month - two year term
Need a Funder or Vendor? START HERE

Results 1 to 5 of 5
  1. #1
    Member 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.

  2. #2
    Hi, just pm'd you.

  3. #3
    Senior Member Reputation points: 203690
    Join Date
    Jan 2014
    Posts
    1,378

    if he has AR try ABL route. reach out to Kevin at Seacoast

  4. #4

  5. #5
    Quote Originally Posted by jjdcnetrex2 View Post
    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.
    More details to info@cifinanceinc.us , we will look through to see what we can get you.

Similar Threads

  1. Restaurant $80K per month 1 Year Term Loan NO MCA
    By Red in forum Business Loans
    Replies: 2
    Last Post: 01-16-2020, 01:14 PM
  2. Replies: 9
    Last Post: 03-06-2019, 04:37 PM
  3. 15 million a year merchant
    By shieldfunding in forum Deal Bin
    Replies: 1
    Last Post: 04-30-2018, 01:59 PM
  4. 10m dollar deal makes 35 million a year
    By sequoiacapllcleo in forum Deal Bin
    Replies: 11
    Last Post: 12-11-2017, 08:38 PM
  5. Replies: 1
    Last Post: 12-14-2016, 02:58 PM


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

Blue Owl Capital acquires Atalaya
Kansas added to disclosure service tool
FIS launches SMB digital lending


DIRECTORY