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04-09-2015, 11:19 PM #1
- Join Date
- Mar 2015
- Posts
- 47
Client in need of loc or term loan
Hi everyone,
My client needs a $200,000 loan or line of credit to purchase inventory. She is willing to pledge commercial property as collateral. Having trouble finding a lender, I hope posting to this thread helps.
If you think your company might finance this, or if you know of a company that might, please do not hesitate to reach out.
Here is the break-down on our client:
6 Retail stores in 3 states
In business for 25+ years
Approx. $2.4 mil in Sales in 2014
Took a loss in 2014, -$70k
Owner is 100% owner
Owner’s FICO: 625
In my hands I have the following documents:
Sept - Feb, 2015 bank statements
Sept - Feb, 2015 credit processing statements
2012, 2013, 2014 financials
Owner’s tax returns
Statement of Collateral
Application
Again, if your company or any company you know of will consider financing this, please let me know. E-mail me directly at CapitalPartnerSolutions@gmail.com - this is not the name of my company but an e-mail created specifically for posting to public threads.
THANK YOU!
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04-10-2015, 09:11 AM #2
- Join Date
- Jan 2015
- Posts
- 41
Client in need of loc or term loan
PM me with details on the properties
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04-10-2015, 10:22 AM #3
I deal with someone by the name of Richard Gerard from Business Capital Consultants. They do a true monthly payment line of credit at 12% APR with a 2-5 year term. Closed a few deals with him already. Very good guy. Give him a call at 516-510-3855. Financials and tax returns need to look healthy though and the principals credit needs to be at least 620+
They also do ABL loans and real estate based loans.
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04-10-2015, 02:42 PM #4Regards,
Matthew A. Stucchio
Associate
World Business Lenders, LLC
120 W. 45th St.
5th & 29th Floor
New York, NY 10036
Main: (212) 293-8200
Direct: (212) 220-6018
Fax: (646) 417-7161
Email: Mstucchio@wbl.com
www.WBL.com
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