Quote Originally Posted by CFSCCorp View Post
Scenario:

Industry: Car Dealership
Yrs: 52 yrs in business
Annual Gross: 18M
Credit: 800
Dealership R/E worth: 15M +/- / balance 7M (SBA 3M / Bank Loan: 4m)
State: Texas

Looking for 650,000 (but flexible) for consolidation of some already existing loans that are under 10% and extra working capital with a longer term. (Very rate conscious)

Suggestions? LOC? Term? Secured/Unsecured?
Funded something similiar to this with LQD, around 18% cost over 36 months