Results 1 to 10 of 10
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08-28-2017, 07:49 PM #1
- Join Date
- May 2017
- Location
- Oregon
- Posts
- 60
seeking a direct lender that will consider doing 460 credit score
property management company having 460 credit score they own all their properties deposits 25,000 per month they own many many houses seeking capital so they can improve their credit need 25,000 so far only been offered 5000 also they own houses free and clear worth about 70,000 each would consider doing first mortgages on those please email me if any interest in this at milford@commercialmortgagecap.com
Last edited by Richierichard; 08-28-2017 at 08:04 PM.
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08-29-2017, 09:45 AM #2
- Join Date
- Jan 2016
- Posts
- 435
With a sub 500 credit score I'm not surprised the approval is capped at $5K, most places won't even touch credit like that. Either sell the eat your vegetables deal, or take it to WBL if the property has enough equity.
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08-29-2017, 10:22 AM #3
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08-29-2017, 10:28 AM #4
- Join Date
- Jan 2016
- Posts
- 435
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08-29-2017, 10:29 AM #5
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08-29-2017, 10:52 AM #6
- Join Date
- Aug 2017
- Posts
- 39
Introduce your merchant to someone who can help repair their credit
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08-29-2017, 11:11 AM #7
- Join Date
- Apr 2017
- Location
- Dallas
- Posts
- 183
It was more like a million a month hahaha
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08-29-2017, 11:24 AM #8
- Join Date
- Dec 2013
- Posts
- 4,713
Mantis has placed tens of millions into merchants with subprime credit scores.
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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08-29-2017, 01:21 PM #9
- Join Date
- Jun 2014
- Posts
- 541
Sub 500 FICO should not be a problem for most High Risk MCA funders.
It just sounds like your are looking for a hard money lender instead of an MCA-
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08-29-2017, 01:32 PM #10
The only funny thing with this post is that the original post states the merchant is "seeking capital to improve their credit... needs $25,000." I'm trying to learn from whoever sold them that credit repair plan!
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