[USCC]

The client imports and wholesales furniture, looking for $500k. Good credit and financials, but only $1M annual gross. Looking for a longer term deal or maybe someone who can bring SBA Express or Asset based products to the table that can be used in conjunction with MCA/ACH.

$1M Gross
$700k Merchant
Owner FICOs - 700 & 750
30yrs in Business
$20k+ Avg. Daily Balance

Any help would be appreciated!

[Eagle Funding]

Why cant they go to the bank and how much do they want, I like this deal email me it allen@mcamerchant.com

[USCC]

They want $500k and probably could go to the bank but they need it quickly. Maybe a combination of SBA express and a longer term ACH? Thats the only way I see them getting anywhere close to $500k. Anyway, will send the docs now.

[Eagle Funding]

Sounds good we can talk more in detail then!

[anydealfunded]

Do they have any real estate assets?? I can get a line of credit backed by real estate assets as low as 3%. Please call me as I have many funding solutions to offer 774-208-8118

[omegafund]

SBA EXpress will only go to 150k. You can try celtic bank. Unless they have real collateral such as real estate or invoices it is unlikely they will get $500k even if you piece it together. You might try one of those term lenders with monthlypayments

[MoneyMatchMaker]

I have a private investor who will do this deal call me 419-559-3251

[bdshaw]

I agree the SBA loan will only go to 150K without collateral for the balance available under the program up to 350K. However their inventory could be considered the collateral.
Two questions:
1- do they want or need 500K
2- what would they do with the funds?
Bob Shaw 734-929-3800