Results 1 to 5 of 5
-
10-22-2017, 08:52 PM #1
- Join Date
- Jun 2017
- Posts
- 39
$100k advance - funded in 1 day (on Monday), backed by RE
Hello all. I have a client that needs $100k funded by Monday. They have 2 pieces of RE to pledge as collateral. One they own (NOO SFH worth $939K) worth a mortgage of $560k on it located in West Palm Beach, FL, and a Primary residence located in CA worth $560k with a $400k mortgage on it.
We have a 3rd property owned by a friend who will pledge it as collateral. It is a $139k NOO town house with no debt on it, but he is away for the weekend, so for now we are leaving it out of the picture.
The borrower's business averages around $30k/month. They dont mind paying high rates. We just need to close the deal tomorrow.
Her FICO is 684, 717, 732. Can anyone do anything with this deal? Direct lenders only please.
-
10-23-2017, 08:42 AM #2
- Join Date
- Apr 2016
- Location
- Florida
- Posts
- 133
Not sure there is close to enough equity in either prop... plus to fund an equity deal in 1 or 2 days??? I don't think so Maybe??
-
10-23-2017, 12:26 PM #3
- Join Date
- Dec 2013
- Posts
- 4,713
try WBL lately i hear they are funding away more then ever!! if all else fails you can try us... (we fund millions to merchants under the concept of IF all else fails at other funders "send to us" ...)....
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
-
10-23-2017, 02:38 PM #4
- Join Date
- Oct 2016
- Posts
- 4,318
-
10-23-2017, 04:22 PM #5
- Join Date
- Jan 2014
- Posts
- 1,380
best case scenario 10-14 business days with wbl product.
Similar Threads
-
Real Estate Backed
By BizDev in forum All Other LendingReplies: 4Last Post: 07-14-2017, 05:54 PM -
ISO Merchant Cash Advance Broker痴 Needed!!! B - D Paper get funded same day!
By Getfunded2017 in forum Help WantedReplies: 0Last Post: 04-19-2017, 01:55 PM -
CRESTHILL CAPITAL --OPENED- Monday
By mcaguru in forum Deal BinReplies: 9Last Post: 06-14-2016, 11:59 AM -
CrestHill Capital OPENED & PRICING / 4th July Frida & Monday!
By mcaguru in forum Merchant Cash AdvanceReplies: 1Last Post: 07-04-2015, 10:15 AM -
Shameless Cyber Monday Promotion Plug
By Lenders.Marketing in forum PromotionsReplies: 0Last Post: 12-01-2014, 12:50 PM