Results 1 to 8 of 8
-
12-27-2016, 09:47 AM #1
Reputation points: 1258
- Join Date
- Aug 2016
- Posts
- 118
Any1 know good lender for line of credit/ max 7-8% for a paper
Were a company that does everyything from term loans to mca's, looking for a new lendor that offer's a line of credit for qualified merchants
-
12-27-2016, 10:21 AM #2
Reputation points: 503040
- Join Date
- Oct 2016
- Posts
- 4,318
The SBA express is good for that, but I don't think you're going to find someone that does 7-8% line and also MCAs. But it's conceivable some ABL lenders offer offer good rates on AR lines and also factor receivables similar to MCAs.
-
12-27-2016, 11:04 AM #3
Reputation points: 1258
- Join Date
- Aug 2016
- Posts
- 118
-
12-27-2016, 02:29 PM #4
Reputation points: 503040
- Join Date
- Oct 2016
- Posts
- 4,318
If they have good AR then I like Crestmark. They can get you rates in those ranges.
Edit: just note they aren't going to touch anything small though.
-
12-27-2016, 03:18 PM #5
Reputation points: 1258
- Join Date
- Aug 2016
- Posts
- 118
-
12-27-2016, 03:29 PM #6
Reputation points: 5023
- Join Date
- Apr 2015
- Location
- Florida, First MCA sold in 85/ WS in 76. CFP/RIA, series 3,6,7,8,10,63,Ins218,220.
- Posts
- 554
Crestmark, AGR and Capital Funding are the best in the country for those.
-
12-27-2016, 03:31 PM #7
Reputation points: 338677
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,485
We offer factoring and asset based lines of credit. Kevin Henry 561-623-1872 Kevin.Henry@SeacoastBF.com
I will not open or respond to free e-mail accounts.Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
-
12-27-2016, 03:31 PM #8
Reputation points: 10
- Join Date
- Jun 2016
- Posts
- 5
Thanks for the recommendation John.... Gail I just sent you a PM.
Similar Threads
-
Sub 10K lenders First position A paper good credit
By AMERICApital1 in forum Merchant Cash AdvanceReplies: 8Last Post: 09-07-2016, 04:55 PM -
"A" Paper Credit Split MCA Lender
By lendinghand in forum Merchant Cash AdvanceReplies: 6Last Post: 07-08-2015, 03:32 PM -
Online Direct Lender Dealstruck Launches Inventory Line of Credit
By Lenders.Marketing in forum Merchant Cash AdvanceReplies: 0Last Post: 03-04-2015, 11:28 AM -
In Need of Business Line Credit Lender
By FlowWorkCap in forum Deal BinReplies: 5Last Post: 01-07-2015, 11:22 AM