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  1. #1

    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?

  2. #2
    Senior Member Reputation points: 22201
    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!)

  3. #3
    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!
    Mark Perlman
    BlackTieFunding.com
    Mark@blacktiefunding.com

  4. #4
    Senior Member Reputation points: 73139 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
    2,281

    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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