Loan amount
$1,000,000
Loan type
As-Is Property Value
$2,500,000
LTV
40%
{LTV}
Property type
Business
Borrower Details
Credit score
720
Deal experience
15 deals
This loan scenario was submitted by a Broker
Property Details
State
New York
Loan Details
Additional Loan Information
We are a 30-plus year established shipping company specializing in cross border eCommerce business. We are looking for a $1 million credit line or loan for cash flow as we expand the business. Current receivables $2 million. Annual revenue $30 million. Located in New York, Los Angeles, Ohio and London. Prefer 10 year term with no pre-payment clause.
Status
Closed
Created
December 11, 2019 - 12:46pm
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