How can we connect with private lenders or credit enhancers for secured and unsecured business loans?
Seeking private capital term business loan of $1,000,000 for radio station group owner for refinancing and expansion. Career professional sponsor with a strong track record, highly regarded as an industry expert and has owned this business for 12 years. Projected 2019 net operating income of $550,000, excluding pending station acquisitions.
Hey Frank! The small business lending space is ever-expanding, and based on your needs it sounds like an online fintech lender could be a good option to consider. These online lenders have simple approval process, fast financing times and provide loans over $1,000,000. The first step would be reaching out to a few different companies and seeing which is best to partner with. We've reviewed some fintech companies, so you can find out which one is best for your bushiness here: https://www.business.com/categories/small-business-loans-and-financing-options/.
If you'd rather have relevant companies contact you, you can fill out the questionnaire after the first paragraph in the link above. You can also visit this link and fill out your details to be contacted by lenders: https://www.buyerzone.com/finance/business-loans/price-quotes/.
If you have any questions about approval processes, typical loan agreements or what you should know before speaking with the sales representative of a company, don't hesitate to ask!