[CCConrad]

Contractor providing services nationwide with over 300 employees in business since middle of 2020. Tax return gross 8.8 Million in 2022. 10.4M last year.
Have him approved for 400k with a monthly payment on an MCA he and his investor are not interested in anything MCA.
Principal's FICO last checked 649. They are looking for a real business loan with a payback that is bare minimum 2 years if not longer 3 or more years.

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FUNDATION will give you a 3-4 year term at 12-19% APR but max out at 250k and pay low

MCA type 2 year terms are Kapitus, Ondeck,…..

[Olderguy]

SBA 7A uncollateralized up to $500,000 10% 10 years. What am I missing? Reach out if you need help. I have a bank who has done it in 25 days. Does he need purchase order financing? This guy could conceivably get $3M - $5M SBA loan with that revenue assuming making a profit and good cash flow.

[Yankeeman07]

Contractor providing services nationwide with over 300 employees in business since middle of 2020. Tax return gross 8.8 Million in 2022. 10.4M last year.
Have him approved for 400k with a monthly payment on an MCA he and his investor are not interested in anything MCA.
Principal's FICO last checked 649. They are looking for a real business loan with a payback that is bare minimum 2 years if not longer 3 or more years.

You mention Gross Revenue - what was the Profit?

[Ehenek]

This sounds perfect for me. I have access to Institutional monies.

[omegafund]

Contractor providing services nationwide with over 300 employees in business since middle of 2020. Tax return gross 8.8 Million in 2022. 10.4M last year.
Have him approved for 400k with a monthly payment on an MCA he and his investor are not interested in anything MCA.
Principal's FICO last checked 649. They are looking for a real business loan with a payback that is bare minimum 2 years if not longer 3 or more years.

We need more details but this is right up our work space
bzuniga@omegafund.com

[Michael Slabitcher]

FUNDATION will give you a 3-4 year term at 12-19% APR but max out at 250k and pay low

MCA type 2 year terms are Kapitus, Ondeck,…..

Hi,

I can't get a hold of anyone at Fundation.

Please share your contact.

Thank you,
Mike