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New Credit Line Program (5OK TO 5M) for New Construction General Contractors & Sub Contractors

October 5, 2016

64E (1)

PMC is now offering an amazing credit line product. You know how most lenders won’t lend to General Contractors and Sub Contractors, because of the issues with payment schedules? Well this product is revolutionizing the way Contractors grow their business!

Here are details on the program:

1. Program is for General Contractors and Sub Contractors that purchase their owns supplies and pay their labor for the completion of construction projects.

2. PLEASE NOTE- This is not real estate financing. It is a business product for the General Contractors and subcontractor and not the real estate owner.

3. Amounts from 50k-5M

4. Funding occurs within 24 hours of approval. THATS RIGHT- 24 HOURS- this is possible as it is a Fintech lender

5. Client interested in the program must be able to provide 3 trade references 6. 2 year tax returns required for requests of 500k

7. Contractor can have existing senior debt (credit line, bank loan, etc), existing accounts receivables financing, existing MCA’s and the Fintech lender does not care. They will lend behind these products

8. Credit score is not of major interest

9. Client must have an invoice for at least 50k minimum they can supply for funding of the materials they are looking to purchase

10. Residential Contractors ok but Fintech Lender prefers commercial contractors 11. Program allows contractors to bid on more projects even if their existing capital is tied up in current projects

12. Fintech lender will pay the supply house immediately upon being provided the invoice. The supply house that provides the materials direct benefits because instead of the materials sold on a net 30 or net 60 day the accounts receivables go down as Fintech lender pays within 24 hours.

13. Contractor gets up to 150 days to repay the Fin tech lender.

14. 1% interest a month cost on the line

15. 3.5 points charged per draw

16. Line can be repaid at anytime

17. Contractor can be located in any of the 50 states

18. Not lending to international contractors

19. Government Contract work is of interest

20. Increases the liquidity of a contractor for paying for materials and labor

Here is what is needed to get started:

1. Contractor Company Name

2. Owner Name

3. Email

4. Phone Number

5. Address

6. Type of work done

7. 3 Trade References

8. Target amount requested

9. Must provide a “live” invoice of supplies needed to be paid with minimum request size of 50k

To get started send in those items and lets spur on new construction across the U.S.!

Email to info@pmccanhelp.com or fax the items above to 866-598-9987.

PMC offers 2 to 24 month bank statement loans (single account – using average monthly deposit averages-100% from personal and 50% from business) and also has other low doc home loans for 500+ FICO borrowers.

Our goal is to find you the best financing available to save the most money.  As the experts.  Email your scenario to info@pmccanhelp.com.

Make sure to visit our website:   www.pmccanhelp.com

FOR A FAST PRE-APPROVAL: Complete a loan application on our website APPLY ONLINE

Job Opportunities? PMC has been a premier CA & WA brokerage for over 27 years.  Visit our Careers website and apply online today! www.pmccareers.com

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