need help on a 3 million AR line of credit and a 1.5 million line of credit
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  1. #1

    need help on a 3 million AR line of credit and a 1.5 million line of credit

    IF YOU CAN HELP PLEASE CALL ME AT 617 697 5255 OR EMAIL MATT@TRIUMPHSOLUTIONSLLC.COM

    1. HOME HEALTH CARE COMPANY - A network of 17 different entities providing Medicare-Certified Hospice & Home Health Services throughout the states of AZ, FL, IL, WA, NM & IN. I have attached the Term Sheet for the AR Line of Credit Financing that we have been approved for and are currently moving to close by months end. We would like to add a $3M Term Note at an interest rate that would be attractive to your investors, paid back over a 3-Year Period.

    2. GROW COMPANY - A Michigan Licensed Medical & Adult Use Cannabis Cultivation company with a 10,000 plant capacity. Over the past 18 months we have built out a 25,000 sq ft cultivation facility in Lapeer, MI and harvested our first crop last month which we are selling this month and next. Our second harvest will be in January 2022 with sales in February 2022, and then a new crop is harvested each month thereafter creating inventory and revenues of ~$1.5M per month. As we complete our we have 2 Pre-Packaging pieces of equipment that we would like to purchase. As a result we would like to add a $1.5M Term Note (1 months harvest/sales) at an interest rate that would be attractive to your investors, paid back over a 2-Year Period.

    I have attached our financials for both networks (2020 Tax Return, YTD NOV Financials & 2022 Budget) .... Please feel free to call me today with any questions .... thanks

  2. #2
    Senior Member Reputation points: 78889 Olderguy's Avatar
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    Matt:

    I'm checking on this for you. Have several options.
    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.

  3. #3
    Could you tell me a little bit more about what you’re looking for?
    Email me brian@limefunding.org


    🏦 Lime Funding and Financial Services
    🍋 A financial services firm™️

    Our mission:

    Help organizations wherever to access capital more intelligently. With our comprehensive financial resources, you’ll unearth renewed confidence and tactics to help your business thrive.

    Areas of speciality:
    1. Real Estate Investments (Fix and Flip, 30 year Mortgage, Bridge/Hard Money)
    2. Business Financing (Revolving Line of Credit, Equipment Leasing, Merchant Cash Advances, term loans)

    Client first approach every step of the way

    * Fast approval 24-72hrs (6x faster than traditional bank loans) 🌟
    * Funding time: 24hrs-3 Business Days (10x faster than traditional lenders) 🚀
    * Repayment terms: 3-36 months
    * Interest rates: 3.99% - 49.99% APR
    * 3%-10% success fee may apply to some clients


    Best regards,
    Brian

  4. #4
    Member Reputation points: 12
    Join Date
    Mar 2022
    Location
    San Diego
    Posts
    21

    FundCanna can assist by providing access to capital for the Grow Company. We are a specialty lender focused solely on the Cannabis industry. Our products are short duration, term debt options. We have an appetite up to 1M. If you believe this can assist you, please reach out.

    Ryan Freitas | VP, Sales & Partnerships
    O: 844-420-FUND
    D: 619-354-2074
    C: 858-337-4330
    rfreitas@FundCanna.com

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