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02-28-2023, 02:55 PM #1Member
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who would give a LOC to a logistics company doing 300k a month?
wants 150k line of credit
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02-28-2023, 03:00 PM #2Senior Member
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My mca product works kind of like a line of credit. When we renew the merchant at 50% paid in we keep the payment the same and just extend the term out and they only pay on the new money and when the old pays off then they start paying on the new one. If they do not take the full amount taken we can give earlier renewals by either readjusting the payments for the extra cash or add on another payment depending on the best situation on time of renewals.
Originally Posted by sdf
Scott Platto
scott@tmrnow.com
tmrnow.com
212-220-9872
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02-28-2023, 05:54 PM #3Senior Member
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Bluevine, if not signed up we can help. Originally Posted by sdf
Or do a LOC secured by AR. We can do that.
bzuniga@omegafund.com
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02-28-2023, 06:29 PM #4Senior Member
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Hampton Young
Business Development Representative
BlueVine Capital | (408) 201-9086
hampton.young@bluevine.comSteve 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.
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03-02-2023, 06:08 PM #5Senior Member
Reputation points: 22201
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Describe logistics .... Ive funded a whale in the warehouse-logistic-management space .... Originally Posted by sdf
Marcus Clapman
Capybara Capital
marcus@capybarausa.com
www.capybarausa.com
646-708-5986 (Text Friendly!)
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