I need help with leads that need bridge loans. I've never done bridge loans not based on real estate, so not sure if anyone has a contact that can help. First needs $40k as for an engagement fee to work with a consultant that is helping them secure a contract with an investor for a VERY large loan.
Second is receiving $5MM in a couple weeks, but was hoping for a $50k bridge loan until he receives that $$ from an overseas investor in his business (can't do revenue based loan, revenue does not support it - also credit is not great).
The only bridge loan contact I have does real estate bridge loans. Anyone ever done a bridge loan based on a contract that a business has for receiving funding? Seems like a far stretch...but hey, thought I'd ask!
You can 100% leverage future contracts. We do a lot of fed contracts and just have the client do an assignment of benefits to us. The two scenarios you have honestly seem a little sketchy though....