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  1. #1
    Member Reputation points: 10
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    46 yr. old Corporation with 3 Montessori schools looking for funds

    Anybody funding Education? 46 yr. old corporation with 3 Montessori schools doing $150k/mo. in revenue looking for $40k. Has current balance with Rapid of $10k but Rapid has paused funding. Owners have 700 credit scores and schools while on spring break this week are open.

  2. #2
    Senior Member Reputation points: 216519
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    Do the clients have senior debt already? LOCs, SBAs, real estate loans, etc?

  3. #3
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    Quote Originally Posted by abfunders View Post
    Do the clients have senior debt already? LOCs, SBAs, real estate loans, etc?
    They do not.

  4. #4
    Senior Member Reputation points: 216519
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    Quote Originally Posted by cnhsales View Post
    They do not.
    You should collect the credit reports and prove the credit is 700+.
    There are many options for clients with 700+, whether it's through unsecured loans / LOCs, unsecured business lines of credit (those would require real banks), and there are ways for you as a broker to make money off of it as well. Won't be 10 points, but it will be worth your time.

    I'm happy to discuss, send me an email and let's set up a time.

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