LENDER-CB24I10805EB00059
$495.00
Purchase for full contact information of one or more deal team members. All purchases are final and non-refundable.
Description
– Bank Lender
– Working with companies with history of profitability
– Offers cash flow loans that range from $5 to $50M
– The lender is pretty risk averse, meaning they prefer to lend to low-risk borrowers.
– The interest rate is based on the borrower’s cash flow and creditworthiness but in general, is lower cost capital
– Repayment terms are typically 2-5 years
– The loan proceeds can be used for a variety of business purposes, such as working capital, inventory purchases, or equipment upgrades.
– Lender may require a personal guarantee from the borrower or a lien on business assets as additional security.
– Industry agnostic