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  1. #1

    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.

  2. #2
    Senior Member Reputation points: 66298 Olderguy's Avatar
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    If they have no revenue for 4 months, personal loan.
    Steve Benjamin
    Professional Business Loans

    1012 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.

  3. #3
    Senior Member Reputation points: 216519
    Join Date
    Feb 2017
    Posts
    3,334

    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.

  4. #4
    Thanks Michah. Just left you a VM

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