[brokerCompany]

Who besides FC,Fundation,Dealstruck will do a term loan for non-chained specialty grocery store?
I have a couple of other lenders but they take 30 days. Needs a 2 week turn around
Great credit and profitable over $4M annual sales. Issue is they transferred all operation to new entity in 2015.

any direct lenders for monthly payment term loans

[RichardGerard]

Why aren't the above Mid Prime Lenders a fit for the client??? 2 weeks from full submission to funding is possible. How much inventory do they have and how much of it perishable?

If there is transparency from old entity to new this seems do able

[brokerCompany]

they cannot wrap their heads around the change in entity. I might have someone reach out to you if the lender cannot read everything

Why aren't the above Mid Prime Lenders a fit for the client??? 2 weeks from full submission to funding is possible. How much inventory do they have and how much of it perishable?

If there is transparency from old entity to new this seems do able

[mcaguru]

direct capital?

[LoanMe]

If the change in entity is 60+ days seasoned, LoanMe can take a look at this.

[brokerCompany]

thanks loanme. Merchant needs much more than what you offer.

[RichardGerard]

Morning Broker Company... If the entity issue is the biggest challenge, maybe the client needs Bridge Capital to get them to a point where there is enough seasoning (distance from the transition) for longer term lenders to jump in.

Assuming they are profitable, and are doing approximately 300-350 per month, I would likely bring them to an opportunistic Fund for transitional Capital. The money might only be for 12-18 months, but it will allow them to operate profitably while there is a plan in place for a longer term credit facility.

Dan Page on our blog here offers Capital like this, but he will readily admit that the process might take a bit, and the cost of funds will resemble an advance over the term with monthly payments. If you seek alternatives- assuming that the client would accept such a suggestion, shows promising sales and profits, and the firm can adequately collateralize the capital- I can likely help.

rg@businesscapitalconsultants.com

775 Park Avenue Suite 255
Huntington, NY 11743

Direct 516 510 3855

[dpFund]

Thanks for the mention Richard-

I did see this post but stayed away due to the two week turnaround. While we are getting better, the average turnaround is more like three weeks for a clean deal and responsive client. It can be longer for more complicated deals.

I'm not necessarily threatened by the entity change. We would just need to dig into the details.

Feel free to reach out if you want to discuss!

Thanks,

Dan Page
dan@fundingstrategypartners.com
Direct: (303) 938-8280

[golf2014]

1000 percent in going to Richard for this deal..has done multiple deals with me.

[George]

I have direct lending capital who can satisfy this account. Get in touch.

[Jason Sterling]

We will look at this o CC split

[omegafund]

We will look at this o CC split

What is your max advance and term on cc split?