Results 1 to 11 of 11
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05-12-2017, 02:54 PM #1
- Join Date
- Aug 2014
- Posts
- 41
Construction Company with Excellent credit and 13 years in Business
Client already has a first position deal with 70k balance. Averages 65k per month with good bank balances. Open-minded to a new first or stand alone second. Looking for at least 60k and no less than 8 months to repay.
Last edited by randyw; 05-15-2017 at 04:43 PM.
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05-12-2017, 03:08 PM #2
- Join Date
- Oct 2016
- Posts
- 4,318
End result will be he gets $20K at 1.45-1.49 over 4-5 months.
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05-12-2017, 04:19 PM #3
- Join Date
- Nov 2014
- Posts
- 438
Have you considered a term loan for this file? We have terms up to 10 years and no pre-payment penalties, so borrowers can pay off early controlling their total cost of capital. Please give us a call to discuss.
LoanMe Business
949-535-7798
Email: Business.Loans@LoanMe.com
www.loanme.com/SBL-partner
1900 S State College Blvd. Suite 300
Anaheim, CA 92806
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05-12-2017, 05:13 PM #4
- Join Date
- Mar 2016
- Posts
- 335
What kind of construction is he doing?
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05-14-2017, 04:09 PM #5
- Join Date
- Feb 2017
- Posts
- 3,463
Why does he need an MCA if you can get him a NORMAL business credit line? Give me an email, I'll tell you the details, and you'll make a nice amount of money and it's a much easier sell. Why dig him into a hole when you can help him get out and make money?
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05-14-2017, 08:21 PM #6
- Join Date
- Apr 2014
- Posts
- 781
Define excellent credit
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05-15-2017, 07:16 AM #7
- Join Date
- Aug 2014
- Posts
- 620
Construction Company with Excellent credit and 13 years in Business
Sounds like they qualify for about 30-40k max. Please feel free to reach out if you need any assurance here.
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05-15-2017, 08:14 AM #8
- Join Date
- Feb 2017
- Posts
- 3,463
Anthony, for your 30-40 @ 1.45, I think I can probably get them an option to be a buy-out if the credit is 700+ with a serious UBLOC with 4-6% yearly APR. OP, send me an email for details - I'm not the source of these funds, but I can sure as heck help you make money on the deal.
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05-15-2017, 04:45 PM #9
- Join Date
- Aug 2014
- Posts
- 41
home improvements and renovations
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05-15-2017, 04:46 PM #10
- Join Date
- Aug 2014
- Posts
- 41
700 plus
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05-16-2017, 09:46 AM #11
- Join Date
- Aug 2014
- Posts
- 620
Awesome, that's clearly the better option if the merchant qualifies.
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