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10-31-2014, 10:46 AM #8
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- Join Date
- Mar 2014
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- Ann Arbor, Michigan
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- 1,289
Asset Based Loan
This sounds like an ABL deal that would be revolving debt running at about
15% a year. Typically these deals stay on the lenders books for several years and commissions are paid throughout the lending period as opposed to an MCA where you get paid once unless they renew.
Bob Shaw
734-929-3800
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