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  • Need loc lenders

    Hello,

    I need lenders that fund line of credit and term loans ASAP. I have a few submissions that need to be looked at.
    Thank you

  • #2
    Rapid does LOC.
    Term loans aren't generic...different lenders different guidelines.
    You need to know Fico, look at tax returns, debt schedules, P & L and balance sheet, etc.

    Steve Benjamin
    Professional Business Loans
    Irvine, CA 92620
    SteveProBiz@gmail.com
    https:/probizloans.net/
    949-228-1050

    Comment


    • #3
      ARF Financial does Line of Credits. Or Oneteamcapital to suggest two.

      Josh Dan
      B2B Funding
      josh@b2bfundingllc.com
      347-794-1592

      Comment


      • #4
        BlueVine also does larger amounts than Rapid...

        Comment


        • #5
          Line of credit:
          $50,000 -$3,000,000

          Renewable 1 year term

          Minimum 650 credit score (grater above the 650 min the better)
          Collateral – Inventory, Operating Capital (cash), Accounts Receivable can be used for collateral
          Receivables need to be 80-100% advance rate
          Inventory valued 80-100%

          Steve Benjamin

          Professional Business Loans
          Irvine, CA 92620
          SteveProBiz@gmail.com
          https:/probizloans.net/
          949-228-1050
          Last edited by Olderguy; 12-06-2022, 11:04 AM.

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