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09-29-2017, 01:41 PM #1
Reputation points: 2782
- Join Date
- Apr 2014
- Location
- New York
- Posts
- 271
Ground up construction funders???
Luxury ground up construction hit by the hurricane. Needs fast capital to fix multiple properties that have been damaged back into livable conditions. (Eventually insurance money will come) Doing 4-500k/month. Credit in the mid 700's. Zero issues. Has a position with fora...looking to find more of a B paper lender that will buy out the small remaining or offer a 2nd position underneath. I keep getting declines based on industry type, and I do not want to co-broker or send this to anybody like fora. Looking for A/B paper funders because this is A paper for a funder that doesn't have this industry as restricted.
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