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  • Expansion/Growth Loan $350k, Term Loan

    Hey There -

    Looking for help -

    Company is looking to grow into expanding markets

    IT company (Data Center & Application Migration), Healthcare/Government/Retail

    Verifiable $1.6M YTD in sales, weekly consistent deposits,

    Outstanding A/R $138k

    Business established 2002, same owner, 100% ownership

    Owner credit score is 695 FICO

    A US citizen

    Needs 10 year term, would consider other alternatives

    Limited assets

    0 NSF last 12 months

    0 Negative Days

    Please let me know if any additional information is needed. Your recommendations and feedback are greatly appreciated.

    Thank you.
    Tom


  • #2
    Great response (PM's) - Thank You!

    One clarifying issue that was just brought to my attention - they are a couple years behind on filing taxes. They are working with their accountant to get it straight, but thought you should know.

    Client would like to close in the next 30 days if possible.

    How much commission/referral fee/split should I expect from a deal like this?

    Please message me if interested.

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