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South End Capital News
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Recent Funding

$122,100 Working Capital - Weekly Payment

Transaction Overview - Steel Fabrication Co.

When this borrower was brought to SECC he was stuck in a high daily payment advance factor rate. The business's cash-flow had improved significantly since its launch in 2013 but the borrower had still not been able to obtain financing from other term lenders like Funding Circle. The business's relatively short time in business and lack of historical cash-flow had been road blocks to procuring financing elsewhere. 

Although the borrower was a prime candidate for SECC's aggressive and flexible SBA program, he needed quick working capital to purchase inventory, wanted to lower his payment and get out of a daily ACH.

SECC was able to fund the borrower the cash he needed, pay off his high priced advance, provide a weekly payment fixed for 12 months, and lower his cost of capital to a 28% rate

Private Business Term Program

SECC's Private Business Term Program provides monthly payments, unrestricted working capital, no prepayment penalty options and rates starting at 9.99%, but we also offer: No collateral requirement, no restricted industries, no caps on NSFs, no minimum deposit requirements, no time-frame for bankruptcies or foreclosures, no judgment restrictions, credit down to 500, minimum time in business down to 2 months and much, much, more...

Closing Highlights

Steel Fabrication Co.

North Carolina

  • Weekly payment 
  • 1 year fixed term
  • 28% rate
  • No collateral required
  • $1,831 broker rebate
Apply Online

Program Highlights

Private Business Term

Nationwide (& Canada)

  • Loans from $2K to $2MM 
  • Low Documentation
  • All industries considered
  • 1 to 5 day closings
  • Up to 6% rebate paid
Request a Rate Sheet

Call Today (888) 268 - 7778 x 4

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About South End Capital Corporation

South End Capital Corporation "SECC", founded in February of 2009, is a nationwide, non-conforming lender (CA Finance Lenders License # 603 L334) providing collateralized and uncollateralized loans to business owners and real estate investors directly, and in participation with third-party lenders.

SECC offers easy online applications, excellent service, prompt responses, generous compensation to approved partners, and custom tailored financing—we evaluate actual need, not just the application. Please visit our website for more information at www.southendcapital.com.

Copyright © 2016 South End Capital Corporation, All rights reserved.


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