Manufacturing
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  1. #1

    Manufacturing

    Hello all i have a client
    grossing 12 million a year

    needs 500k
    680 fico
    been in business for at least two years

    jt@Atlasinvestmentsinc.net

  2. #2
    Senior Member Reputation points: 8833
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    Quote Originally Posted by ATLAS MONEY View Post
    Hello all i have a client
    grossing 12 million a year

    needs 500k
    680 fico
    been in business for at least two years

    jt@Atlasinvestmentsinc.net
    whats the catch?

    Simon Wein
    CEO- Radiance Funding
    P:516.509.9788
    W: Radiancefunding.com
    E:Simon@radiancefunding.com

  3. #3
    Senior Member Reputation points: 72961 Olderguy's Avatar
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    Sep 2021
    Location
    Irvine, CA
    Posts
    2,271

    Uncollateralized SBA 7A.
    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.

  4. #4
    Good Luck Funding that!

  5. #5
    Senior Member Reputation points: 39760
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    Naples, FL
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    Quote Originally Posted by ATLAS MONEY View Post
    Hello all i have a client
    grossing 12 million a year

    needs 500k
    680 fico
    been in business for at least two years

    jt@Atlasinvestmentsinc.net
    The real question is... WHAT ARE THEY ASKING FOR?

    Sounds like they can go SBA if they have the luxury of time... and if they need something quick, maybe even a monthly payment via someone like Breakout (they go to $1MM) while they process the SBA. But the cost is much different for both (12% a year vs 1.30 factor over 12 months). The benefit would be the interest forgiveness, so that's a big win if you can get the SBA to pay it off early.

    Hope this added value for you.

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