LENDER-HB24I10805EB000128
$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 against AR and inventory
– Bank lender so lower cost of capital, but more selective on their borrowers
– Fundings are against accounts Receivable, usually up to 85-90% of the value of the receivables
– Loan sizes range from $3-25M
– Industry agnostic but like staffing, service businesses and manufacturing/distribution
– Prefer companies with profits but will consider if there is a story/path towards profitability