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04-16-2020, 08:54 AM #1
Reputation points: 1580
- Join Date
- Sep 2018
- Posts
- 60
LCF can fund any of the below industries as long as TIB is 6 months or more. All other industries will be auto declined , but we will relook at it if you can give a good explanation as to why the business is unaffected by COVID.
Accountants
Assisted Living Facilities
Cannabis dispensaries
Cleaning services / Janitorial
Convenience Stores
Delivery services
Doctors - primary care physicians
eCommerce / online sales
Funeral Homes and associated services
Grocery Stores
Gun Dealers
Hardware Stores
Home Health Care
Home Improvement Centers
Insurance Agencies
Laundromats
Lawyers
Liquor stores
Medical Centers
Pet supply stores
Pharmacies
Restaurants - must have strong take out / delivery sales
Specialty Trade Contractors ( such as electricians, plumbers, HVAC )
Technology
Trucking
Technology
Urgent Care
Veterinarians
Manufacturing companies, distributors and supply chain companies producing and supplying essential products and services in and for industries such as pharmaceutical, technology, biotechnology, healthcare, chemicals, sensitization, waste pickup/disposal, agriculture, food/beverage, transportation, energy, steel, petroleum/fuel, mining, construction, national defense and communications. ( oil production is an exception to this, and is currently an auto decline )
Construction - must provide AR and WIP with submission, generally we are only funding construction at this time that is currently working on an essential or infrastructure contract.
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04-16-2020, 10:27 AM #2
Reputation points: 662
- Join Date
- Nov 2018
- Posts
- 44
At 24 capital we need 1 year in business for most industries. Give me a shout, brian@24capital.com, and we can discuss the deals you have more in detail.
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