SECC Funds $27,000 to Logging Company in 3 Days, Provides a Fixed Monthly Payment for 10 Years
June 6, 2016
Most business term lenders have the logging industry on their restricted list, but not SECC (we don’t have one!). Instead of contending with the usual daily payment merchant cash advance offers, this borrower was referred to SECC where creative financing is the norm. We funded his transaction in 3 days and provided a monthly payment fixed for 10 years with no prepayment penalty.