If a Firm is averaging 200k plus per month and only has 60k in Advance debt, they will likely be eligible for SEVERAL longer term credit facilities (from 3-10 years)- alleging that they have even a modest gross profit margin (and profit)- AND there isn't senior debt on the balance sheet.

FYI- Dan Page's firm has recently assisted a client of ours that had senior debt.. The deal was challenging and took awhile- but ultimately the client is in better shape now than they were before.

If up until the advances, the client was self funded, reach out to the Intermediaries on this Blog to assist in pointing the file in the right direction..