term loan for limo compnay
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  1. #1
    Senior Member Reputation points: 203690
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    Jan 2014
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    term loan for limo compnay

    I am having difficulty placing term loan for a limo service company. Lenders we are signed up with are declining because they do not do Transportation industry.

    650 fico for one partner 710 for other
    about 300k in deposits every month
    have about 280k in balances with 2 mca lenders (never missed a payment) is looking for about 400k for expansion and consolidation
    looking for 3-5yr term
    been in business for about 15yrs

    any term loan lenders please comment or pm if it can be done. Thank you.

  2. #2
    Senior Member Reputation points: 49940
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    term loan for limo compnay

    I understand that you're looking for a term loan here, but if all else fails and your merchant is open to an aggressive 3rd position offer I'd be more than happy to work on this file for you. If you're not set up with another rep over here at Yellowstone, please feel free to reach out.

  3. #3
    Banned Reputation points: 4530
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    Mar 2014
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    Ann Arbor, Michigan
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    term loan for limo compnay

    I'd like to speak to you about a line of credit for your client.
    Bob Shaw
    rshaw@advancecredit.com
    734-929-3800

  4. #4
    I can help with this industry. Reach out if you need any assistance.
    potheguy@nationalbusinesscapital.com

  5. #5
    Senior Member Reputation points: 68233
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    Dec 2014
    Location
    Quogue, NY
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    Sachip 24,

    If the client has Corp receivables I can arrange a LOC within 5 business days- interest only- non notification to clients..

    Touch base if you would like assistance..

    Richard

    rg@businesscapitalconsultants.com

    775 Park Avenue Suite 255
    Huntington, NY 11743

    Direct 516 510 3855

  6. #6
    Did you get this deal done? I am with Alliance Funding Group. We are an industry leader in equipment financing and working capital. I can quote as low or lower than traditional banks. I would appreciate the opportunity to prove that to you. We have a simple credit app and can get you a quote the same day. Please contact me.

    http://alliancefunds.com/
    wsmith@alliancefunds.com

    Thanks,
    Will Smith
    Did you get this deal done? I am with Alliance Funding Group. We are an industry leader in equipment financing and working capital. I can quote as low or lower than traditional banks. I would appreciate the opportunity to prove that to you. We have a simple credit app and can get you a quote the same day. Please contact me.

    http://alliancefunds.com/
    wsmith@alliancefunds.com

    Thanks,
    Will Smith

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