Total funding 250k needed for a new business

[Jasonp]

If a merchant is depositing 60k a month can they get 250k in total financing . If anyone can help in this it would be great. Merchants fico is 780. This can include startup credit line also.

1. The merchant does not own the real estate .
2. There is no other collateral to pledge .
3. They have no outstanding balance with anyone first time in the MCA market.
4. Just started the business.

IF anyone can come up with any idea or with creative financing tricks please let me know.

[pmoney]

use an MCA and UBLOC...won't get them the $250k, probably closer to $200k in a best case scenario.

[Jasonp]

Thanks for the info Paul, what is UBLOC and how many months of bank statement is needed.

[pmoney]

Thanks for the info Paul, what is UBLOC and how many months of bank statement is needed.

Unsecured Business Line of Credit....since this business is new it would fall under the stated-income program which doesn't require financials, just a strong credit profile which the client seems to have. Shoot me an email when you get a chance and I'll point you in the right direction, paul@oracleloans.com

[Fundmaster82]

If the deal is health or medical based, give James Graydon a call at ProMED Healthcare Financing 631-468-6325.

If a merchant is depositing 60k a month can they get 250k in total financing . If anyone can help in this it would be great. Merchants fico is 780. This can include startup credit line also.

1. The merchant does not own the real estate .
2. There is no other collateral to pledge .
3. They have no outstanding balance with anyone first time in the MCA market.
4. Just started the business.

IF anyone can come up with any idea or with creative financing tricks please let me know.

[rob_mfs]

Total funding 250k needed for a new business

MFS GLOBAL FUNDS
ANY SIC | ANY FICO | ANY POSITION

Up to 200% of monthly bank deposits
14 Month Term
Funds Deposited Every 6 Weeks
Same Day Commission
20% Up Front & 10% On Going
No Collateral..

Our program is similar to a Line of Credit in the form of a Merchant Cash Advance

Call 702-359-9430
Email rob@mfsglobal.com

[Ed2397]

Might be a little late. But this company helped me. They have over 75 lenders that bid for your loan. And they accept all types of credit. They really have a deep portfolio of products. Here is their quick application. Hope this helps. NBC- https://bit.ly/2qOplkd

[aicila70]

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