Results 1 to 4 of 4
  1. #1
    Member Reputation points: 10
    Join Date
    Apr 2020
    Location
    Brooklyn, NY.
    Posts
    13

    Have a client who needs to buy equipment

    Client got 2 invoices to purchase equipment from other business, and he needs to finance it ($230k)

    He has 770 credit and gross revenue was around 1.3M in 20202 *Dropped from 4M 2019

    If theres a lender that has idea/something to offer let me know, thank you.

  2. #2
    Senior Member Reputation points: 4075 NickHubbard's Avatar
    Join Date
    Jun 2015
    Location
    Saint Louis, Mo
    Posts
    270

    Take him to a equipment finance lender!
    Nick Hubbard
    Senior Loan Advisor
    314-252-0299 - Office
    314-885-2262 - Direct
    nick@elitefactoring.com
    www.elitefactoring.com

  3. #3
    Member Reputation points: 419 JParr's Avatar
    Join Date
    Feb 2020
    Location
    San Francisco Bay Area
    Posts
    51

    Happy to help! We can likely get this done app only with up to 72 month term.

    Give me a call to discuss further.
    Joshua Parrish | SLIM Capital
    (415) 938-4977 | josh@slimcapital.com
    www.slimcapital.com

  4. #4
    Senior Member Reputation points: 62494
    Join Date
    Mar 2014
    Location
    Florida
    Posts
    1,531

    Quote Originally Posted by Forgiver View Post
    Client got 2 invoices to purchase equipment from other business, and he needs to finance it ($230k)

    He has 770 credit and gross revenue was around 1.3M in 20202 *Dropped from 4M 2019

    If theres a lender that has idea/something to offer let me know, thank you.

    What type of equipment? - In addition to Nick's suggestion (which may be the best solution)
    an SBA 7(a) Loan with additional working capital may be a solution.

    **Depending on the type of equipment, I have a leasing broker that may be able to assist you.
    Call me and I will provide contact info.
    Dave Lambert
    FC Financial LLC
    dave@fcbankcard.com
    http://www.fcbankcard.com
    1-727-291-7890 (Text or Leave Message)
    Office: 727-233-1111

Similar Threads

  1. Client looking for Equipment Financing
    By Amiran5 in forum Deal Bin
    Replies: 3
    Last Post: 07-15-2019, 05:27 PM
  2. Client looking for Equipment Financing
    By Amiran5 in forum All Other Lending
    Replies: 0
    Last Post: 06-27-2019, 04:25 PM
  3. Replies: 0
    Last Post: 11-10-2015, 02:18 PM
  4. Help your client with their equipment needs!
    By Harrymetrix in forum Promotions
    Replies: 0
    Last Post: 07-15-2015, 12:48 PM
  5. Let us fund your client's equipment needs!
    By Harrymetrix in forum Promotions
    Replies: 1
    Last Post: 04-20-2015, 11:49 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
  •