Painting Franchise seeking line of credit/consolidation
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  1. #1

    Painting Franchise seeking line of credit/consolidation

    750 FICO
    TIB: 4 years
    Well established/nationally recognized painting franchisee looking to consolidate 45k AMEX debt (29% APR) and have a 30-40k cushion.

    They have used Kabbage for the last year and a half and have 25k outstanding with them. Looking for something better/more capital on top of what Kabbage is offering.

  2. #2
    Senior Member Reputation points: 4567 NickHubbard's Avatar
    Join Date
    Jun 2015
    Location
    Saint Louis, Mo
    Posts
    333

    Quote Originally Posted by Jordan View Post
    750 FICO
    TIB: 4 years
    Well established/nationally recognized painting franchisee looking to consolidate 45k AMEX debt (29% APR) and have a 30-40k cushion.

    They have used Kabbage for the last year and a half and have 25k outstanding with them. Looking for something better/more capital on top of what Kabbage is offering.
    How much are they grossing monthly?
    Nick Hubbard
    Senior Loan Advisor
    314-252-0299 - Office
    314-885-2262 - Direct
    nick@elitefactoring.com
    www.elitefactoring.com

  3. #3
    100-150k

  4. #4
    Hello Nick,

    There are both line of credit programs, term loan programs, and SBA programs available. If you want to discuss some of our options feel free to contact me.

    Miguel
    support@cfobydesign.com

  5. #5
    Senior Member Reputation points: 5777
    Join Date
    Mar 2016
    Posts
    335

    Commercial jobs or residential?
    ---
    Bill Doody
    Round Table Financial
    Business Development Officer
    bill@rtfinancialgroup.com
    C: (949) 444-3346

    www.rtfinancialgroup.com

  6. #6
    Need the monthly gross. We can get this done at Strategic, Kabbage balance wont be an issue. PM me

  7. #7
    Member Reputation points: 10
    Join Date
    Jan 2017
    Location
    Idaho
    Posts
    27

    Man you say you can get everything done everywhere....

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