Quote Originally Posted by xpresscap View Post
I have a client who does 500k a month but had a small dip in September of $300k. They also have credit card for about 50 to 80 k. Client has solid operation but credit is a 9002. He is in the electronic business.

He has contracts from Pearl for weekly payment for 200k but is looking for a bit more. Anyone willing to beat this asap by this Friday?

Direct lenders only*
Our lending program is a NATIONWIDE platform with loan amounts ranging from $15,000 - $1,000,000. Financing can be achieved in as little as 48-hours, provided the level of comfort is there with the request.

Note the following criteria's:

Time in business > 2-years
Business must be generating at least $1M annually (we will lend up to 10% of gross sales)
Borrower's FICO must be over 620
(No Construction, Adult Entertainment, Dispensaries) - deal must make sense!

Terms: 1-4 Year (Daily, Weekly and Monthly)
Rates: 10% - 30%+
Points: 1-5 points (Broker)

For $150,000- ---> 12 Month banks, Application (Your application is fine)

For $150,000 + --> Application, 12 months banks, 2014/2015 Tax Return, YTD Financials, Debt Schedule. note* requests over $200,000 require real estate: (mortgage statement, tax bill, deed or most recent property valuation (BPO/Appraisal).

There are other docs we'll need but with these documents I will have a decision within 24-48 hours.

Let me know if I can be of assistance.

Sean