Client in need of loc or term loan
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  1. #1

    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!

  2. #2

    Client in need of loc or term loan

    PM me with details on the properties

  3. #3
    Senior Member Reputation points: 5034 AlexSMF's Avatar
    Join Date
    Jan 2015
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    286

    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.

  4. #4
    Senior Member Reputation points: 113 MatthewAStucchio's Avatar
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    Location
    New York City
    Posts
    118

    Quote Originally Posted by lendinghand View Post
    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!
    We can take a look over at WBL. We secure commercial real estate all of time for Line of Credit deals which is a 2 year interest only term. I shot you an email. Please get back to me to discuss further. Thanks.
    Regards,

    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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