Junior Position Mezzanine/Asset Backed Lender Needed
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  1. #1

    Junior Position Mezzanine/Asset Backed Lender Needed

    I am in search and need of a direct lender providing junior position asset backed lending options where real estate would be the asset. All properties are currently mortgaged with about 40% equity available on the entire portfolio of 20 non-owner occupied residential properties valued at $17,000,000 with about $7,000,00 worth of equity I'm looking for $500,000-$1,000,000 term loan/line of credit.

    Can anybody provide any suggestions/referrals?

    DIRECT LENDERS ONLY PLEASE!


    Many thanks for you assistance, my fellow funding masters.

  2. #2
    Senior Member Reputation points: 68233
    Join Date
    Dec 2014
    Location
    Quogue, NY
    Posts
    1,108

    Not a direct lender, but arrange this for clients often.

    FICO will be a consideration, as well as the rent roll, areas of Real Estate, and use of Capital.

    Touch base if you cannot find a DIRECT LENDER..

    RG

    rg@businesscapitalconsultants.com

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