Quote Originally Posted by goatFunding View Post
If a merchant got 500K originally and now wants to get the additional 1.5M how hard is it?
What does he need to do exactly? anything to look out for?
If they have business real estate, they will lien the property for loans over $500,000 The loan amount guidelines are 2019 tax return revenue minus COGS X 2 minus the EIDL loan advance. Fico goes from 570 to 625 for loans over $500,000.