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  1. #1

    Looking for $3M (or more) working capital

    I need a lender for my client. Three years in business. More than $5 million in revenue each month for the last six months. I have the bank statements. Client is looking for a $3M - $10M term loan. No cash advances.

    Client is serious and ready to get going. Needs funding asap. Prefers a good rate but will look at any decent offers.

  2. #2
    I could definitely help your client out. Give me a call 917-722-6872 to discuss some options

  3. #3
    Senior Member Reputation points: 4567 NickHubbard's Avatar
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    Quote Originally Posted by hardrock View Post
    I need a lender for my client. Three years in business. More than $5 million in revenue each month for the last six months. I have the bank statements. Client is looking for a $3M - $10M term loan. No cash advances.

    Client is serious and ready to get going. Needs funding asap. Prefers a good rate but will look at any decent offers.
    What type of assets/collateral do they have?
    Nick Hubbard
    Senior Loan Advisor
    314-252-0299 - Office
    314-885-2262 - Direct
    nick@elitefactoring.com
    www.elitefactoring.com

  4. #4
    Senior Member Reputation points: 66298 Olderguy's Avatar
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    So get a quick term loan now at the max which is probably $2M and then get a collateralized term up to $10M which is about 60 days at my lender. Any number of things can be collateral...property personal and/or business, business assets, equipment, etc.
    Last edited by Olderguy; 03-31-2022 at 10:14 PM.
    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.

  5. #5
    I can help. You can contact me at 2489353543

  6. #6
    Senior Member Reputation points: 81655
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    Quote Originally Posted by hardrock View Post
    I need a lender for my client. Three years in business. More than $5 million in revenue each month for the last six months. I have the bank statements. Client is looking for a $3M - $10M term loan. No cash advances.

    Client is serious and ready to get going. Needs funding asap. Prefers a good rate but will look at any decent offers.
    More important question is what does the client qualify for? Are they showing a profit on their Tax Returns?
    Collateral?

    SBA 7(a) will go as high as $5 Million - but - that will not be "quick funding"
    A loan of that size is not a "signature loan"
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  7. #7
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    Leon Davis Funder / Iso Relations see us in statements Brickstone Fund* Phone:*347-433-7727 leon@brickstonefund.com
    Last edited by leon@brickstonefund.com; 07-26-2022 at 02:43 PM.

  8. #8
    Senior Member Reputation points: 503040
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    Quote Originally Posted by leon@brickstonefund.com View Post
    Leon Davis Funder / Iso Relations see us in statements Brickstone Fund* Phone:*347-433-7727 leon@brickstonefund.com
    Aren’t you connected to MNS and Solomon?

  9. #9
    Sir, are you still in of working capital?

  10. #10

    I may be able to help you with this!

    Quote Originally Posted by hardrock View Post
    I need a lender for my client. Three years in business. More than $5 million in revenue each month for the last six months. I have the bank statements. Client is looking for a $3M - $10M term loan. No cash advances.

    Client is serious and ready to get going. Needs funding asap. Prefers a good rate but will look at any decent offers.

    Please give me a call. We provide AR financing - both traditionally, or in the form of an asset-based credit facility. We can definitely handle the volume, and our broker incentives are generous.

    Holly Pratti | VP\Business Development Officer
    1880 North Congress Ave., Suite 404 Boynton Beach, FL 33426
    Holly.Pratti@SeacoastBF.com | C: 865.250.0134 |

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