Having options and choices in life is only a good thing. Simply stated, the more options we give to merchants, the better we all look. And, I am not just talking about options from different MCA lenders. Just last week, we gave several merchants offers that had proposals from different lenders, each of which wanted to leverage a business’ commercial real estate and their AR, as well as give them a MCA to bridge the gap until the secured deal can be completed. Below are the details for one of the deals:
Industry: Cannabis Distribution
ROIRMonthly revenues: $400,000
Credit: 685
Term Offers:
Real Estate: $4.5 million/15 year term
6% per annum
Inventory: 65% of cost to produce at
2% per month.
Unsecured: $485,000/15 months/1.29
E: Submit@pbigloballending.com
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