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02-28-2023, 02:04 PM #1
- Join Date
- Dec 2022
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Line of Credit for Ammunition Manufacturer
I have a client who has recently paid off an MCA, and is interested in getting a line of credit. They do not want another MCA, but a true line of credit for when they make larger inventory purchases. A few of our go to lenders are hesitant to work with the ammunition manufacturing space, despite being willing to do MCA's for them. Credit is 800+, $0 in debt, monthly revenue is averaging about $500k. Does anyone here work with this industry? They're interested in a line of credit of about $100,000. Thanks
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