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  1. #1
    Senior Member Reputation points: 84416
    Join Date
    Mar 2014
    Location
    Florida
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    2,952

    Quote Originally Posted by MissouriBroker1 View Post
    I need a lender for unsecured business loans, both clients with 700+ FICO scores, both have been in business for several years, one averaging 100k+ per month (landscaping), the other exceeding $1.2MM the last three months (gutter installations). A LOC will work as well for the second one but business loan only for the first.

    Tom Harrier
    Integrity Commercial Loans, LLC
    407-928-8542
    broker@tomharrier.net
    Are they showing a profit on Tax Returns?
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  2. #2
    Senior Member Reputation points: 73139 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
    2,280

    Quote Originally Posted by Yankeeman07 View Post
    Are they showing a profit on Tax Returns?
    That may not be necessary...they could be showing a loss, but it turns around with adding depreciation, officer's salaries, interest expense. It need to cash flow.
    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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