Results 1 to 4 of 4
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11-10-2014, 07:52 PM #1
Reputation points: 10
- Join Date
- Apr 2014
- Posts
- 14
Line of Credit at Premium Rates
I have a file that is doing about $1.7M per month, $1.5M in credit cards with decent credit.
I am looking to place this deal with a lender offering a line of credit-esque for $650k+ at 2.5% per month or a 1.30 factor.
Any ideas?
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11-10-2014, 09:04 PM #2
Reputation points: 64
- Join Date
- Jul 2014
- Posts
- 196
Line of Credit at Premium Rates
I just funded a merchant who does 2,000,000 a month based off of his airport concession business. The offer he accepted was 600,000 at a 1.31 over 10 months with early pay off options. This is something that is very feasible since we use private capital. Please message me or give me a call as my underwriting team and I can discuss this deal as well as go over the other deal we funded. Mike@SamsonPartnersLLC.com office# 347-492-1802
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11-11-2014, 01:31 PM #3
Dov- i sent you a private message!
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11-11-2014, 02:58 PM #4
Does Rapid still offer their 4 month 1.20 lines of credit?
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