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09-05-2017, 08:51 PM #1
- Join Date
- May 2016
- Posts
- 29
Keller Williams Franchise, 5 Locations, $996,730 in Debt, 5m in revenue
I need help consolidating this clients debt load which is a combination of MCA's and private loans from investors. All locations are leased and an average of $500k in revenue (through escrows) is being deposited each month to the account. Total payments are $30,000 per month. 1st is with Banc of Ca, 2nd with BFS and 3rd with credibility. Great personal credit (800+) and about 400k of equity in his home. About 200k in net income after interest payments.
Any ideas?Last edited by seanedeska; 09-05-2017 at 10:13 PM.
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09-06-2017, 09:05 AM #2
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
Seems like something I can assist with..
RG
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