Results 1 to 4 of 4
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01-03-2023, 11:38 AM #1
- Join Date
- Jun 2020
- Posts
- 3
Looking For an Alternative Product
I was looking to see if anyone had any recommendations for a LOC product. I have numerous prospects that are interested in a traditional LOC. Any recommendations? Also any recommendations for equipment leasing?
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01-03-2023, 12:00 PM #2
- Join Date
- Dec 2021
- Posts
- 637
Everlasting Capital ....have been involved with the Equipment space especially when it comes to training and support. Great guys.....
Marcus Clapman
Capybara Capital
marcus@capybarausa.com
www.capybarausa.com
646-708-5986 (Text Friendly!)
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01-03-2023, 01:33 PM #3
- Join Date
- Oct 2021
- Posts
- 55
I can help you get a LOC based on collateral.
Real estate
• B2B contracts
• Government contracts
• Solar financing contract
• B2B purchase orders
Recently put out a $100k LOC offer based on 2 Ferraris that the merchant owned. The merchant had three daily MCA's and this was a weekly!
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01-03-2023, 02:11 PM #4
Equipment:
Everlasting
Slim
Finance it Forward
LOC
Rapid
BlueVine
Greenwich Capital
Midwest Corporate Credit has a start up LOC
Some of these LOC lenders you can't get direct - like Headway, but you can use a super broker like Splash to get access.
For bigger numbers, I have a non bank lender:
Line of credit:
$50,000 -$3,000,000
Renewable 1 year term
Minimum 650 credit score (greater above the 650 min the better)
Collateral – Inventory, Operating Capital (cash), Accounts Receivable can be used for collateral
Receivables need to be 80-100% advance rate
Inventory valued 80-100%
There are plenty of others and people can chime in here....
Reach out if you need contact information.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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