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01-06-2022, 06:49 PM #1Senior Member
Reputation points: 4262
- Join Date
- Aug 2020
- Location
- 7125 Peri Lane Brooklyn Ny 11234
- Posts
- 113
Its a furniture retail store they don’t do any manufacturing at all.
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01-06-2022, 07:29 PM #2Senior Member
Reputation points: 71496
- Join Date
- Sep 2021
- Location
- Irvine, CA
- Posts
- 2,200
They have business assets...every company does.
Originally Posted by Magicmike18
Is their Fico 660 or better
Are they making money on the last two years business tax returns?
Do they any personal assets like a home?
They do have inventory is it paid for?
If he can wait a month and has 660 Fico or better I can get him a personal equal to the income showing his personal tax return. 8% 3 - 5 year term, monthly payment.
I am sure there a plenty of guys here who can do that as a weekly MCA.Last edited by Olderguy; 01-06-2022 at 08:28 PM.
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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