LENDER-BB24I10805EB00035
$495.00
Purchase for full contact information of one or more deal team members. All purchases are final and non-refundable.
Description
– Primarily asset based loans
– Fundings are against accounts Receivable, usually up to 85-90% of the value of the receivables
– Loan sizes range from $2-15M
– Term can range from 1-3 years
– Rates are upper single digits to low double digits
– Industry agnostic but like staffing, service businesses and manufacturing/distribution
– Need companies to have positive net income
– Can also do loans against Monthly Recurring Revenue (MRR)
– Loan Amount: 3-6 times monthly recuring revenue