[IKorie]

Can anyone do a million dollar line of credit for a business bring in 4 million a year. with a mid 700 score. If not can anyone come close to that with Line of credit?

[Zach]

I can help with this if you like.

[Kevin Henry-Seacoast]

Can anyone do a million dollar line of credit for a business bring in 4 million a year. with a mid 700 score. If not can anyone come close to that with Line of credit?

If the Company is selling to commercial customers on terms with outstanding accounts receivables, we might be able to offer a factoring facility or asset based line of credit. kevin.henry@seacoastbf.com Please drop me a note....

[dpFund]

Hi IKorie,

The $1M funding amount is a no brainer for us (our max is $2M). My product is not a Line of Credit. It operates more like a term loan, with monthly payments and a specific funded amount. But many clients treat us like a line of credit, using our money over and over again. Our max term is 30 months. We have clients that we've funded numerous times.

Your client would need monthly NET income of about $125k to qualify for a $1M funded amount.

If this is of interest, please feel free to reach out and discuss.

Best,

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

[HarperPartners]

Can anyone do a million dollar line of credit for a business bring in 4 million a year. with a mid 700 score. If not can anyone come close to that with Line of credit?

If the company is selling to businesses with outstanding receivables and inventory, we can do a $1M working capital facility no problem. Flexible facility with low volume requirements that can scale up with increased usage and top-line growth. Just need a few basic docs to get a proposal. Email me at brian@joinharper.com to further discuss.

[RichardGerard]

Hey IKorie,

I see many qualified colleagues have offered their assistance. It's about the details. Folks here can help but we need to understand what the client is leveraging.

$4M per is less than 350k per month, so receivables will only likely be around 500k. Unless the client has Inventory or other tangible collateral, 1M on a LOC might be challenging. If they have requisite DSC a loan/revolver might be more likely...

[bdshaw]

I agree with the others. We would get a better idea if we knew what the company did and what rype debt they have.
Bon Shaw

[George]

If the company owns any leverageable assets (real estate or equipment), I can help. If you are still looking, please contact me George Bloom Consulting 772-285-6711. Thank you.

[George]

Need the details on the business. They may qualify for an ascending term loan. Contact me at your convenience. George Bloom Consulting. 772-285'6711.