We also provide access to Merchant Cash Advances, Solar Financing, SBA and Construction loans.
Private/Hard Money
Commercial (Multi-Unit, Office, Retail, Warehouse)
Agriculture
Business Financing
Contact us today to learn more!
Comment
Ricky - I apologize, I thought I posted a response to your question. Even though the business has been around for 12+ years, it will be considered a new business for you, which will be translated as a start up. I can put you in contact with a company we use to fund start ups. They may be able to work with your credit score to lend you a portion of the funds. You may also look into seller financing or if the seller would carry some of the cost of the loan to purchase the business. Feel free to email us at loans@providentmng.com or give us a call at 800-503-3450 to discuss further.
It may be a little bit of a stretch with a credit score that low. Do they have any collateral that can put down to guarantee the loan? If not, the best thing would be to partner with someone with better credit willing to apply for the business loan. If the borrower already has a business that is 12+ months old and is profiting, we can also take a look at using the business as collateral. Let me know. Thanks!
© 2024 Created by Admin. Powered by
You need to be a member of Real Estate Finance to add comments!
Join Real Estate Finance