Results 1 to 6 of 6
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10-21-2016, 06:59 PM #1
- Join Date
- Oct 2016
- Posts
- 13
Monthly Payment (Term Loan)
Hey Guys,
Got a dental supply distributor doing $400,000 Monthly with strong daily ledgers. Credit Score 700. 1st position deal. This merchant is looking for a $100,000 on a monthly payment over the course of 2-3 years. Is Term Loan day way to go on this one ? I know Deal Struck and Funding Circle do them? Any other recommendations?
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10-21-2016, 07:35 PM #2
- Join Date
- Apr 2014
- Location
- Washington DC
- Posts
- 421
We do monthly-pay term loans 12 to 24 months, rates starting at 1.15x on that product. While I don't recommend just going with us because of commission, we do offer 5 pts on each monthly pay deal (vs 2 pts with other lower cost monthly pay companies). Given information provided, I expect we would be very aggressive.
If not us, also try Fundation.Carl Fairbank
Founder & CEO boldMODE
www.boldmode.com
Carl@boldmode.com
Founder & former CEO of Breakout Capital (sold to SecurCapital in 2019)
www.breakoutfinance.com
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10-22-2016, 07:24 AM #3
- Join Date
- Oct 2016
- Posts
- 13
Monthly Payment (Term Loan)
Thanks for the feedback Carl !
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10-23-2016, 06:12 PM #4
- Join Date
- Mar 2014
- Posts
- 147
Monthly Payment (Term Loan)
Carl what company are you with ?
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10-23-2016, 09:53 PM #5
- Join Date
- Oct 2016
- Posts
- 13
Monthly Payment (Term Loan)
Breakout Capital
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10-24-2016, 11:35 AM #6
- Join Date
- Apr 2016
- Posts
- 103
Good Morning.
We will lend up to 10% of Gross Annual Sales with funding up to $1M in as little as 48-hours. Let me know if this requests has been addressed or borrower is still in the market. We provide term loans up to 4-years with unmatched rate structure and generous compensation to brokers.
Give me a call or email if we can be of assistance.
Sean
LiftForward
917.477.6534
sean@liftforward.com
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