COVID Commercial Loan Closings

A professional asked last week if any commercial loans are being closed during COVID. We've never been so busy - check these awesome closings out. Cleaning Company: Reduced their interest rate from 75% on an MCA to 6% SBA loan for working capital and equipment. Existing debt payments were reduced by 67.2%. Significant cashflow boost. Product Retailer: $150k over 10 years for working capital to buy...

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