Quote Originally Posted by unitax58 View Post
I am not worried about $100,000 The 37percent plus $1,600 originator fees with a guy who has pretty good credit
When I said "welcome to the working capital space" it was because that is a completely standard deal. It is not outlandish in any way. I understand the shock you may be feeling, being new to the space, but that is actually a decent deal (depending on the term, of course).

In addition, if this guy is only doing $50K a month ($600K of gross revenue is not a large deal, by the way) then someone offering him $100K is a significant offer; much larger than most companies would offer him.