Results 1 to 12 of 12
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10-25-2024, 11:04 AM #1
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- Oct 2024
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- 2
Best LOC Lender
Hi everyone. I have a merchant in the pharmaceutical industry doing solid numbers, TIB 22 years. 3-4 million annually. Has 1 position open with a remaining balance of 96K. Merchant can pay it whenever he wants based off his credentials. However, he isn't interested in getting another MCA and is looking more for LOC. Any recommendations would be appreciated. Need options with a higher revolving line other than blue vine and fundbox which cap at 150K. Thanks everyone
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10-25-2024, 11:12 AM #2
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- Nov 2013
- Posts
- 617
ODC, Rapid, Idea Financial are the best right now.
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10-25-2024, 11:23 AM #3
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- Oct 2024
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- 2
Thanks, I appreciate that.
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10-25-2024, 11:57 AM #4
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- Nov 2013
- Posts
- 617
You could also apply for him directly through banks and charge a success fee.
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10-25-2024, 01:39 PM #5
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- Aug 2024
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- 241
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10-25-2024, 03:06 PM #6
ARF Bankroll up to $1M
Celeste Deal-Maunoir
Chief Sales Officer
(Office) 281-215-3888 | (Cell) 832-561-1424 | (Fax) 281-215-3888
(Email) cdeal@arffinancial.com | (Web) www.arffinancial.comSteve 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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10-25-2024, 10:40 PM #7
- Join Date
- Aug 2024
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- 241
I wanted to add... salaryo fundation term loans may be a good option. Plus you can sign up w/ them if you meet their onboarding requirements. His vendor (hes a pharmacy) has a 1st pos so it'd be hard to do a large abl loc over 100k...
Try smart biz too they have tab bank as a partner and their loc is a good product and you'll get 100k If the deals really as clean as you say.
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10-25-2024, 10:44 PM #8
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- Aug 2024
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- 241
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10-28-2024, 08:43 PM #9
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- Dec 2023
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- 102
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10-28-2024, 08:45 PM #10
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- Dec 2023
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- 102
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10-28-2024, 09:22 PM #11
- Join Date
- Aug 2024
- Posts
- 241
Leonardo Sanchez 888 722 3134
He's an iso manager
They won't sign you up if your tib is garbage and deal flow is garbage. So if you have one deal don't sign up friend. If you fund 1 or 2 a paper mcas a month don't sign up. Youll get cut off and ruin a future opportunity to partner with them when you have skin in the game. Goodluck.
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10-28-2024, 10:32 PM #12
- Join Date
- Dec 2023
- Posts
- 102
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