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10-02-2023, 10:15 PM #2Senior Member
Reputation points: 73139
- Join Date
- Sep 2021
- Location
- Irvine, CA
- Posts
- 2,280
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%Last edited by Olderguy; 10-02-2023 at 11:02 PM.
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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