$150,000 Short Term Production Loan Requested
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  1. #1
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    $150,000 Short Term Production Loan Requested

    Our client a Small Manufacturer (in business for 10+ Years) seeks immediate short term $150,000 ($25,000 min per) production loan to build and fill new orders. Payback would be made over 12 months at 10-12% paid monthly. Looking for individuals ($25,000 minimum) or direct lenders (NO BROKERS, PLEASE) who are ready to invest or lend partially or the complete amount. They have orders in house that need production done. No cash advance companies, looking lenders or investors that could move quickly. Simple promissory note to be paid from deliveries of production orders. There sales in in 2015 were $1.35 Million with a pretax profit of $188,000 . This is a good deal as we have over $200,000 in orders booked and ready to be produced. They also have been approved for an SBA loan but funding is still about 2 months away.

  2. #2
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    $150,000 Short Term Production Loan Requested

    Do you propose an unsecured loan?
    Bob

  3. #3
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    We will consider any financial product, not only Unsecured Loan, we aren't interested in Merchant Cash Advance. Send me your proposal. Thanks

    Quote Originally Posted by bdshaw View Post
    Do you propose an unsecured loan?
    Bob

  4. #4
    Senior Member Reputation points: 4567 NickHubbard's Avatar
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    Is the owner of this company named Harry?
    Nick Hubbard
    Senior Loan Advisor
    314-252-0299 - Office
    314-885-2262 - Direct
    nick@elitefactoring.com
    www.elitefactoring.com

  5. #5
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    $150,000 Short Term Production Loan Requested

    Is there any existing debt? If not, we might be interested.
    Bob Shaw
    rshaw@advancecredit.com
    734-929-3800

  6. #6
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    Quote Originally Posted by Gilbraltar Group View Post
    Our client a Small Manufacturer (in business for 10+ Years) seeks immediate short term $150,000 ($25,000 min per) production loan to build and fill new orders. Payback would be made over 12 months at 10-12% paid monthly. Looking for individuals ($25,000 minimum) or direct lenders (NO BROKERS, PLEASE) who are ready to invest or lend partially or the complete amount. They have orders in house that need production done. No cash advance companies, looking lenders or investors that could move quickly. Simple promissory note to be paid from deliveries of production orders. There sales in in 2015 were $1.35 Million with a pretax profit of $188,000 . This is a good deal as we have over $200,000 in orders booked and ready to be produced. They also have been approved for an SBA loan but funding is still about 2 months away.
    We do deals like this quite often. I sent you a PM

  7. #7
    I can do the $150k amortized over 10 years at 6.25%. If interested please email me francis.pierre@plousio.com

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