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07-29-2016, 03:31 PM #1
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
We deploy our own Capital on deals that we feel need a bridge to longer term credit facilities. If a client has been a decline from any of the folks mentioned above and needs a home while they are preparing to be re-submitted what we offer might be ideal:
Program guideline- 14 monthly payments
Consolidations are welcome without any cash out percentage needed
Prefer to deal with firms that have assets on the balance sheet
There needs to be a projected profit in Debt service coverage with new facility
If there is FICO damage to the guarantor, it must something that will ultimately allow them to be placed to a longer term facility in near future
No Judgments or Tax liens (unless in a documented payment plan)
We must be senior debt
Again: this is a Bridge... Not a 3-10 year facility
Business Capital Consultants
775 Park Avenue Suite 255
Huntington, NY 11743
Direct 516 510 3855
www.businesscapitalconsultants.com
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