850k paid back in 30 days through an assignment of proceeds
Need a Funder or Vendor? START HERE

Results 1 to 4 of 4
  1. #1

    850k paid back in 30 days through an assignment of proceeds

    DEFINITION OF 'ASSIGNMENT OF PROCEEDS'
    A document transferring all or part of the proceeds from a letter of credit to a third party beneficiary. To receive an assignment of proceeds, the beneficiary of a letter of credit is required to submit, in writing, a request to the bank to assign the funds to a different person or company.

    My client is looking to borrow 850k @ 5% interest paid back in 25 days. Direct Lenders only.....
    Nathan Francis


    Tel. 914-438-6335
    Fax. 646-626-6458
    Nathan@peaksourceus.com
    www.peaksourceus.com

  2. #2

    If your company is medical or health based give James Graydon a call at ProMED Healthcare Financing; 631-468-6325.

    Quote Originally Posted by Peak Source View Post
    DEFINITION OF 'ASSIGNMENT OF PROCEEDS'
    A document transferring all or part of the proceeds from a letter of credit to a third party beneficiary. To receive an assignment of proceeds, the beneficiary of a letter of credit is required to submit, in writing, a request to the bank to assign the funds to a different person or company.

    My client is looking to borrow 850k @ 5% interest paid back in 25 days. Direct Lenders only.....

  3. #3
    Senior Member Reputation points: 307559
    Join Date
    Jun 2015
    Posts
    3,323

    Quote Originally Posted by FundMaster82 View Post
    If your company is medical or health based give James Graydon a call at ProMED Healthcare Financing; 631-468-6325.
    Fund master . Do you even know what promed does ? I think YOU need to call james and talk to him on what you actually offer . You constantly just come on here on every thread promoting promed with out even reading what they are looking for . Promed rates are between 1.12 and 1.38 if they did not change in the last month . they do not offer 5% . also they don't fund people who did corporate turnaround unless that also changed in the last month .

  4. #4
    Banned Reputation points: 10
    Join Date
    Sep 2015
    Posts
    41

    Give Kristof from LoanMe a call. He might be able to work some numbers for you. 949-535-7135

Similar Threads

  1. 850k paid back in 30 days!!
    By Peak Source in forum Deal Bin
    Replies: 2
    Last Post: 08-13-2015, 02:05 PM
  2. 850k paid back in 30 days!!
    By Peak Source in forum Deal Bin
    Replies: 0
    Last Post: 08-12-2015, 03:08 PM
  3. Replies: 3
    Last Post: 06-11-2015, 07:55 PM
  4. Replies: 2
    Last Post: 03-25-2015, 02:18 PM
  5. Manufactured Back Car Dealerships
    By CO1 in forum Promotions
    Replies: 0
    Last Post: 12-05-2014, 04:28 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Lendistry welcomes new CFO
LegalZoom partners w/ businessloans.com
iBusiness Funding acquires Funding Circle


DIRECTORY