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08-18-2020, 10:51 AM #1
- Join Date
- Oct 2017
- Posts
- 62
$500K/Month Autobody Shop w/ 10 MCA Positions, Healthy Average Balances and 700 FICO
Hi All,
I normally wouldn't post a deal with so much MCA debt, but it's in underwriting with one of our nonbank SBA partners for an SBA 7(a) working cap refi for $500K over a 10-year term, and we just want to make sure he gets the ~$40K he needs by the end of today. We're out of options in our lender network for this beyond a reverse consolidation, which the client won't consider (and we don't blame him). There's nothing we can see wrong with the file besides the crazy stacking: healthy average balances, never missed a payment, has favorable taxes/financials, etc. Please direct message me if this is something you think might be in your wheelhouse...thanks!Last edited by capfront; 08-18-2020 at 10:57 AM.
CapFront
210 Old Country Rd, Ste 101
Garden City, NY 11501
P:844-466-6394
info@capfront.net
www.capfront.net
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