Results 1 to 5 of 5
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05-13-2015, 12:54 PM #1
- Join Date
- Aug 2014
- Posts
- 41
Line of Credit
I have several clients looking for a line of credit. Some are only looking for 25k or 50k where others are looking for 250k. Most of these businesses are NOT retail. I have a large online customer that makes helmets and another one in construction and yet another one who has a large HVAC business and even one who sells and repairs fork lifts. Everything but brick and mortar retail. Does anybody have a good source for "unsecured lines of credit"
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05-13-2015, 02:07 PM #2
- Join Date
- Nov 2014
- Location
- NYC
- Posts
- 21
We offer a 12- month revolving line of credit at Shizoom.
PM or E-mail me natan@shizoom.com for more info and lets see if we can fund your clients.
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05-13-2015, 02:09 PM #3
- Join Date
- Apr 2015
- Posts
- 188
If they are willing to use property collateral shoot me an email and talk nathaniel@instafundllc.com
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05-13-2015, 03:38 PM #4
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,508
Hi Randy,
Does the helmet manufacture sell on terms to commercial customers? Would factoring their receivables provide the needed liquidity?
Best,
Kevin Henry 561-623-1872
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05-14-2015, 08:41 AM #5
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Lines of credit
There are very few unsecured loans. Once the lender files a UCC-1 the loan is secured.
Does the line have to be in a form of an MCA?
Could it fit into any of these/:
A loan subordinate to an existing senior lien?
Installment loan with 6% APR and ten year terms?
Factoring
equipment financing
Financing orders shipped out of the country.
I'm asking because a line of credit as used on this board seems to cover several options.
Please give me your contact information as I may have a few options that may fit your clients needs,
Bob Shaw
734.929.3800
rshaw@advancecredit.com
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