Results 1 to 5 of 5
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05-10-2023, 02:27 PM #1Member
Reputation points: 20
- Join Date
- Mar 2023
- Posts
- 23
1st Position - 1 million credit line or term loan for established food company
They need 1 million 18-24 months (credit line, term loan)
No history of defaults of any kind
Approx. 500k monthly revenue
Who would be able to help with this?
Thanks
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05-10-2023, 03:05 PM #2Senior Member
Reputation points: 338677
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,483
Are they a restaurant or food manufacturer/distributor?
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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05-10-2023, 03:48 PM #3Senior Member
Reputation points: 72961
- Join Date
- Sep 2021
- Location
- Irvine, CA
- Posts
- 2,271
Whats the use of funds? Just working capital, debt consolidation, or equipment? Fico score? Making money on tax return? I could see $1M on a SBA 7A collateralized with business and/or personal assets.
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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05-10-2023, 03:57 PM #4Member
Reputation points: 672
- Join Date
- Oct 2021
- Posts
- 55
If you need this done quickly I can help make a connect with a local bank I use. Send me an email
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05-10-2023, 06:01 PM #5Senior Member
Reputation points: 1383
- Join Date
- Apr 2017
- Location
- 1301 NJ-36, Bldg#2, Ste#5, Hazlet, Nj, 07730
- Posts
- 143
Mitchell bain got me a 1.28 over 96 weeks 2 years for them with 4% orig fees on $1M with Itria/Biz2credit. Low commissions but low rates. I would have went under with out his help when I went off on my own. NO one else can touch the terms. Make money on Volume...
Real Funders Do real Deals..."Tell Him Gold Sent you"
Mitchell.Bain@biz2credit.com
Mitchell bain
Itria Ventures /Biz 2 Credit
One Penn Plaza
45th Floor
New York , NY 10119
P:877-991-2355
C:516-610-6841
www.biz2credit.com
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