[Richeyrich]

Are there any non MCA lenders that offer decent line of credit? Strong client with 720 Scores 2M monthly deposits Tax returns.

Please advise.

[abfunders]

Headway, Bluevine, Fundbox, any local, a factoring facility would work...... the trick is knowing how to monetize these things of course. Fee agreements, ISO agreements, referrals, etc.... And of course, if the client already has a bank LOC, will they accept the secondary places like Bluevine/Headway that have higher rates?

[Olderguy]

Newtek:

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%

Financial Lynx
$250,000 LOC that are stackable.
Alex Cespedes
Account Manager
FINANCIAL LYNX
(347) 996-6463
alex@financiallynx.com

You will find those traditional LOC people are more expensive.

[davis3003]

Brickell Capital Finance, Ideal Financial - Both offer a true monthly payment