Looking For 1.5M LOC
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  1. #1

    Looking For 1.5M LOC

    Company is doing 9M a year in revenue.

    Looking for a 1.5M LOC.

    Verified deposits, tax returns, and contracts.

    Please contact me at 609-553-9092 - Nicole

  2. #2
    Senior Member Reputation points: 72398 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
    2,244

    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.

  3. #3
    Senior Member Reputation points: 16709
    Join Date
    Jul 2014
    Location
    Jackson Hole Wy
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    726

    Quote Originally Posted by MarvelBusinessFunding View Post
    Company is doing 9M a year in revenue.

    Looking for a 1.5M LOC.

    Verified deposits, tax returns, and contracts.

    Please contact me at 609-553-9092 - Nicole
    NON bank LOC typically require Commercial Accounts REceivable. If your merchant has AR we can help

    bzuniga@omegafund.com
    www.omegafund.com

  4. #4
    Member Reputation points: 10
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    May 2023
    Location
    Salt Lake City
    Posts
    12

    I am interested, contact me Lee@stallingcapitalpartners.com

  5. #5
    Member Reputation points: 10
    Join Date
    Oct 2023
    Location
    Miami, FL
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    9

    Would enjoy discussing this client with you, Nicole. We have relationships with a subset of credit groups that spans about 14 groups this should generally be a fit for based on understanding some additional factors (industry, revenue model, profitable vs. loss making, etc)

    Best,
    Ryan Ridgway
    Founder, Managing Partner
    ryan@cirruscap.com | cirruscap.com | LinkedIn

  6. #6
    Senior Member Reputation points: 1755
    Join Date
    Oct 2022
    Posts
    280

    Ryan, I went to your website. Can you work in all sizes for ABL and ALL industries (Construction ARs WIP, Government ARs, and Healthcare)?
    Elon Henek
    HCI - Glen Cove, NY
    Main: 1-516-676-1854
    Cell: 1-516-236-4086

  7. #7
    Member Reputation points: 10
    Join Date
    Oct 2023
    Location
    Miami, FL
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    9

    Quote Originally Posted by Ehenek View Post
    Ryan, I went to your website. Can you work in all sizes for ABL and ALL industries (Construction ARs WIP, Government ARs, and Healthcare)?
    Yes and yes! Drop me an email and we can set up some time to discuss? Cheers - Ryan | ryan@cirruscap.com
    Ryan Ridgway
    Founder, Managing Partner
    ryan@cirruscap.com | cirruscap.com | LinkedIn



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