Results 1 to 4 of 4
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11-11-2021, 01:12 AM #1
- Join Date
- Apr 2019
- Posts
- 6
Company with multiple FEMA contracts needs working capital
Privately held Design Build Engineering Firm looking for additional working capital of $500k for only 4 months. Month 4 the firm will return the $500k with an additional $100k. Also a bonus will be available to the funder at the end of the project. They have secured the FEMA contracts and seeking gap funding.
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11-11-2021, 10:58 AM #2
If they have no revenue for 4 months, personal loan.
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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11-11-2021, 11:23 AM #3
- Join Date
- Feb 2017
- Posts
- 3,429
Personal loan is a horrible idea here. I can get this done with true contract financing, and they can use it in the future as well. The structure of this lender exactly fits the bill.
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11-11-2021, 05:13 PM #4
- Join Date
- Apr 2019
- Posts
- 6
Thanks Michah. Just left you a VM
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