Results 1 to 4 of 4
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05-25-2021, 10:11 AM #1
- Join Date
- Sep 2014
- Posts
- 263
customer $1.5M offer from Kingdom Kapital at 1.27 over 10 months. Who are the lender
Old customer called and has this offer looking for a lender who can beat these numbers
Mike
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05-25-2021, 10:37 AM #2
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,977
I'm unaware of the funder - Better question, you have a business owner that qualifies for $1.5 Million?
I'm will assume they can service the debt - why would they even consider an MCA @ 1.27?
Without knowing additional details, A/R Factoring, SBA7(a), Hard Money Loan with better interest rate and longer term
should be options.Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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05-26-2021, 03:49 PM #3
- Join Date
- Apr 2021
- Location
- Greenwich CT
- Posts
- 13
kingdom is a random broker shop...doubt that offer is real
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05-28-2021, 01:23 PM #4
- Join Date
- Nov 2018
- Location
- Miami
- Posts
- 116
bait & switch tactic
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