[aak723]

Adeel,

Have you considered an asset based line of credit or factoring? Using either tool for working capital is much better as they are revolving facilities. Term loans van be a good tool, but they are not revolving and the borrower must be a good shepard of capital.

The percentage of straight WC deals that qualify for ABLOCs and Factoring are less than 5% in our pipeline. Besides continuously riding factoring companies for month end statements to show what our true compensation is an exercise in futility. There is no transparency and nearly everyone quits paying in a few months. That's my experience and one main reasons why I don't push factoring anymore.

Non-SBA backed working capital loans would be a god send. Especially given that 50% of them will qualify for a loan consolidation from the SBA after the TIB hurdle is overcome.

[Kevin Henry-Seacoast]

The percentage of straight WC deals that qualify for ABLOCs and Factoring are less than 5% in our pipeline. Besides continuously riding factoring companies for month end statements to show what our true compensation is an exercise in futility. There is no transparency and nearly everyone quits paying in a few months. That's my experience and one main reasons why I don't push factoring anymore.

Non-SBA backed working capital loans would be a god send. Especially given that 50% of them will qualify for a loan consolidation from the SBA after the TIB hurdle is overcome.

We send detailed customer statements showing volume and fees monthly. You have been working with the wrong people. I have referral sources collecting monthly commissions on deals closed 4 years ago.....

[aak723]

We send detailed customer statements showing volume and fees monthly. You have been working with the wrong people. I have referral sources collecting monthly commissions on deals closed 4 years ago.....

Kevin: I certainly didn't mean you in my rant. Factoring deals are far and few between tbh and the ROAS for me is non-economical as most of my marketing is online driven. Perhaps down the road this changes as we get a more diverse portfolio of clients.

For the time being most are doctors. If you work with those guys PM me.

[Kevin Henry-Seacoast]

Kevin: I certainly didn't mean you in my rant. Factoring deals are far and few between tbh and the ROAS for me is non-economical as most of my marketing is online driven. Perhaps down the road this changes as we get a more diverse portfolio of clients.

For the time being most are doctors. If you work with those guys PM me.

We avoid healthcare services where invoices are paid ny insurance, Medicare, and/or medicaid. I sent soe info about us via. e-mail.

KH

[VETERANS STOP LLC.,]

My company is a start-up business. I’m need, I’m asking for a $650,000 loan or LOC to purchase an existing business and land; this 9-hole Golf course & Country Club has been in business for over fifty years and sits on 50 acres of land.

[Kevin Henry-Seacoast]

My company is a start-up business. I’m need, I’m asking for a $650,000 loan or LOC to purchase an existing business and land; this 9-hole Golf course & Country Club has been in business for over fifty years and sits on 50 acres of land.

https://firstna.com/ Call this company......It's what they do......