- Unsecured lines of credit: The good news is that these are immediate funding with low documentation. The bad news, as one might imagine with an unsecured, low-doc loan, is that these loans aren't cheap. However, if you need the money now, and have an increase in revenue that's going to result, it's a great deal for you.
- "Angel funding": The downside -- a minimum loan of $25 million. The upside: repayment terms that are so easy I'm not allowed by the lender to put it on my website. Call me to hear the ins and out.
- Energy funding: One of my lenders is hungry for energy funding. Energy projects that have a definite buyer for the produced energy are getting loans approved fast.
- Aggressive SBA loans: Another one of my lenders is hungry for SBA loans that fall outside what banks usually write. If your scenario has a higher loan-to-value than your bank is comfortable with, or you have less reserves than your lender likes, call me and we'll see if we can your deal done.
Monday, October 29, 2007
New product alert
Some new products that have come across my desk: