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01-11-2016, 06:42 PM #1
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 733
You should have been more specific.: "at no more than 6% interest" You made it sound like you wanted 6% interest rate on 1M loan. 6% return of funds on investment is something different or no more than total 60k total rate and fees. 60,000 total costs and cheaper may be doable with invoice factoring or PO financing,but sounds like you are not a player for that. IT /mobile.
Do you deal with government entities or larger Fortune 100 or 500 companies?
Also is your equipment for collateral phones/IT/computer stuff? Not many lenders will be interested in that.
If you have real collateral such as commercial AR and real estate with equity this is doableLast edited by omegafund; 01-11-2016 at 06:45 PM.
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01-11-2016, 06:59 PM #2
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