What direct lender uses assets as collateral
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  1. #1

    What direct lender uses assets as collateral

    658 fico
    Has two mca loans appearing on ucc
    Makes 200K a month
    Has real estate and other equipment as collateral
    Who can get this done?Direct lenders only!

  2. #2
    Senior Member Reputation points: 12878
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    What direct lender uses assets as collateral

    Pretty hard to determine without knowing what the collateral is... or how much it is worth... and if there is an existing note on it...

  3. #3
    If by collateral you mean real estate, contact us. Let's explore.
    Criton Capital, LLC
    12508 W. Atlantic Blvd
    Coral Springs, FL 33017
    Tel: 786-210-5557
    Fax: 786-228-0884
    loans@critoncapital.com
    www.critoncapital.com

  4. #4
    Member Reputation points: 817 Jplummer's Avatar
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    If the collateral is equipment we maybe able to help.
    Jim Plummer
    Quality Leasing Co., Inc.
    A Tom Wood Automotive Company
    Office: 317-253-4415
    Direct: 317-845-8768
    Fax: 317-688-6420
    Cell: 317-512-9618
    www.qualityleasingco.com

  5. #5
    Senior Member Reputation points: 338677
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    Quote Originally Posted by gcfandrew View Post
    658 fico
    Has two mca loans appearing on ucc
    Makes 200K a month
    Has real estate and other equipment as collateral
    Who can get this done?Direct lenders only!
    GCFAndrew,

    We cannot use real estate as collateral. Do they have receivables, inventory, and equipment? What do they do? How much MCA is out there?

    Kevin Henry Kevin.Henry@SeacoastBF.com
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  6. #6
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    This sounds like a perfect deal for us here at WBL. Shoot me an email (mike@wbl.com) to discuss this further.

  7. #7
    It is something I would be interested in. PM me at tony@syracusestrategies.com . We have private money and will go out 3 years with collateral.
    Tony Syracuse

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