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  • Mechanic shop 500k monthly deposits 30 years in business, wants 250k/12 month term

    On Deck got me 200k, 12 months, 6th Ave got me 300k, 11 months. I have tried BFS/Rapid/Snap/SFS/Platinum, can anyone recommend me a 12 month lender for a Mechanic shop?
    Last edited by Richard Gomez; 02-14-2018, 06:15 PM.
    Gómez Capital Funding
    Richard Gómez~Director of Funding
    12555 Biscayne Blvd
    North Miami, FL 33181
    917.600.5647 Mobile
    305.320.7125 Office
    305.513.5735 Fax

  • #2
    Shot you a pm


    • #3
      We might be able to do a 15-18 month term if he really needs it. However, the client would have to pledge property that has enough equity in it to cover the size of the loan. We could use their business property, personal residence, or rental properties. Not sure where we would be in comparison on the rates, but we could definitely offer a longer term here. If there is any interest, feel free to reach out.

      Michael Bernier
      ISO Relations | Grand Capital Funding
      P: 201.273.9162 | C: 860.916.2158