Results 1 to 11 of 11
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02-15-2023, 02:39 PM #1
- Join Date
- Mar 2017
- Posts
- 23
Sports Nutrition manufacturer/wholesaler looking for $2m Term Loan
Need help placing this deal :
15 year old manufacturer/wholesaler grossing over $38m a year looking for a term loan for $2m
750 credit, solid AR
Only interested in a term loan, has been presented various MCA options up to $3m borrower not interested in those options.
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02-15-2023, 02:48 PM #2
- Join Date
- Oct 2021
- Posts
- 56
Is he looking for A/R factoring? I can set that up.
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02-15-2023, 03:09 PM #3
- Join Date
- Feb 2017
- Posts
- 3,463
If he wants to use the AR as collateral for a term loan, and the AR isn't already pledged, I have the right term loan lender who can do that.
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02-15-2023, 03:48 PM #4
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
38Mil in sales equates to probably $4Mil to $5Mil in AR outstanding. If they also have inventory it may also be included in a facility. I sent a PM.
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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02-15-2023, 03:50 PM #5
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
FYI- A company in the industry recently filed CH11. Upwards of $600Mil. Some lenders may be avoiding the industry.........
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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02-16-2023, 06:26 AM #6
- Join Date
- Oct 2022
- Posts
- 295
OMG this is way up easy street here! Please reach out to me I work on files like this ALLLL DAY. I have several ideas. Elon Henek 1-516-36-4086.
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02-21-2023, 10:02 AM #7
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 732
These are the type of deals we can help with. Contact to discuss options
Ben Zuniga
Bzuniga@omegafund.com
www.omegafund.com
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02-21-2023, 10:50 AM #8
- Join Date
- Jan 2022
- Posts
- 42
If this company has historical cash flow and can support a term note, I can provide a term note. I would prefer being able to secure the loan with commercial real estate if possible.
I work for a direct lender who can provide flexible terms and underwriting.Dan WallaceSVPEnterprise BankNational, direct SBA lenderFast and creative financing solutions970-390-6650dwallace@enterprisebank.com
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02-27-2023, 01:38 PM #9
- Join Date
- Feb 2023
- Location
- New York
- Posts
- 7
Hello,
Please send me an email.
Thank you,
Lily Taylor
Funding Director
| Office | (646) 582-8933
| Cell | (917) 470-2274
| Fax | (888) 894-3518 or (212) 706-0117
| Email | LMartin@ProsperumFunding.Com
8 West 36th Street, Floor7 | New York, NY 10018
ProsperumFunding.Com
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02-28-2023, 02:54 PM #10
- Join Date
- Oct 2021
- Location
- Brockton, MA
- Posts
- 31
Hello you can place this deal with me.
Check out the Business Loans Program Specs below.
– Benefits:
1. Jumpstart your business
2. Get pre-qualified with a soft credit pull
3. Low-interest rates
4. Monthly payments
5. No prepayment penalties
6. 5 Days for funding
7. Maintain full ownership
How To Qualify
– Requirements:
1. 700+ Credit score on 2 of 3 bureaus.
2. 5+ Active revolving accounts
3. History of installment loans
4. Less than 3 inquires in the last 6 months on each bureau
5. 40% credit utilization or less
6. Verifiable income (taxes, pay stubs, w2, etc.)
7. Fill out a simple online application
Apply Here today: https://www.cognitoforms.com/GoKapit...%2228822%22%7d
Best Regards,
Stanley Colimon
CEO of: In Contact Market Inc.
Phone781)510-1453
Email: s.colimon@incontactmarket.com
Website: https://incontactmarket.com/
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02-28-2023, 06:11 PM #11
- Join Date
- Dec 2021
- Posts
- 214
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