[jaybee123]

Hi I'm looking to expand my database with Line of credit lenders. I have 2 deals merchants making more then 200k/month and are looking for LOC options their files are both Solid

[Michael I]

headway and idea

[abfunders]

Factors are a line of credit as well, using the AR as a borrowing base.

[Kevin Henry-Seacoast]

Factors are a line of credit as well, using the AR as a borrowing base.

Some factors charge a service fee and interest on funds drawn. Some just charge services fees. In either case, the agreement is for a purchase of invoices not a line of credit. Borrowing Bases are used for asset based lines of credit or legered asset based lines of credit. These facilities are for companies generating much more revenues than $200K/Month.

[Ericr123]

OnDeck offers an LOC with their prime programs.

[kevin85k]

headway and idea

Headway seems Legit. I've never heard of them before.

[IanG]

Headway seems Legit. I've never heard of them before.

Also Enova like ODC and Business Backer I think.

[kevin85k]

headway and idea

Headway isn't accepting any new iso's

[kevin85k]

Also Enova like ODC and Business Backer I think.

Yes! Enova owns Them.

[Ericr123]

Enova acquired on deck as well.

[kevin85k]

Enova acquired on deck as well.

Yup but they arent taking new ISO's at the moment.

[Ericr123]

You can email Shawn - sgalley@enova.com shoot your shot.

[kevin85k]

You can email Shawn - sgalley@enova.com shoot your shot.

Absolutely will, Thanks!