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04-13-2016, 06:52 PM #1
Low-Rate Business Loan for Company Doing $1m/yr Avg - Needs $150-250K over 3-4 yrs
I have a client doing really well, but recently has a new program that would increase revenues if only they could have at least $150-250K in capital. Preferably would want this to be a line of credit, since their customers are mainly franchise stores.
They have steady inflow of business, and constantly replenish inventory. They are looking for a line of credit preferably in the single digit rates. Anyone offer such a program as a direct lender, or know of the right lender to go to?
They currently have 2 small advances out, which they are comfortable repaying if the lender insists on being in 1st position. They will pay off prior to funding instead of double-dipping on interest...
Please PM or email: solidmerchantsolutions@yahoo.com
If you know my business email, you can sure email me there too. For obvious spam reasons, I never post it here...Last edited by Fundyman; 04-28-2016 at 06:48 PM.
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04-28-2016, 06:48 PM #2
Need to find lender for them ASAP.
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04-28-2016, 06:55 PM #3Nick Hubbard
Senior Loan Advisor
314-252-0299 - Office
314-885-2262 - Direct
nick@elitefactoring.com
www.elitefactoring.com
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04-28-2016, 07:14 PM #4
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Low-Rate BLOC for Company Doing $1m/yr Avg - Needs $150-250K Line of Credit
Nick, what is a B line of credit?
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