$400K file
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  1. #1
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    $400K file

    no p&L or financials .. have tons of offer all want thsoe ?/ any word who would give the best offer length and amount rate without those can proivde tax returns

  2. #2
    You may want to try going to a LOC facility though South End or New Tek that will take a file like that as long as they have some sort of proof of ownership and 650 plus credit. If you want to PM me i can also try to find it a home in house with hard money

  3. #3
    Veteran Reputation points: 159120 J.Celifarco's Avatar
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    what year tax return can you provide?
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  4. #4
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    2016

  5. #5
    Veteran Reputation points: 159120 J.Celifarco's Avatar
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    your going to be limited to 75k-100k but without more updated financials then that I dont see you getting more
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  6. #6
    Senior Member Reputation points: 6639 gaxisa's Avatar
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    Only the high risk guys will do it, so prep him for 5 months 1.45 if he doesn't have financials

  7. #7
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    Come on . You all know who the answer that will give $250,000 is.

  8. #8
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    Everest just did 260K 200 days wow they gettng aggressive i love it !!!! and just in time for my new lead flow

  9. #9
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    Quote Originally Posted by RickyR3712 View Post
    Come on . You all know who the answer that will give $250,000 is.
    yup shieldfunding talks about them all the time

  10. #10
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    Quote Originally Posted by Michael I View Post
    yup shieldfunding talks about them all the time
    who do i always talk about besides msyelf?

  11. #11
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    Quote Originally Posted by shieldfunding View Post
    who do i always talk about besides msyelf?
    i can be mistaken but i believe a couple of times you posted that you fund with on deck . they fund 250k and i have done online checkout with just a driver license

  12. #12
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    haven't funded with ondeck in 5 years would love to sign up with them

  13. #13
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    Quote Originally Posted by MGallegos View Post
    You may want to try going to a LOC facility though South End or New Tek that will take a file like that as long as they have some sort of proof of ownership and 650 plus credit. If you want to PM me i can also try to find it a home in house with hard money
    The people you mention only work with Financials- 1 is a broker and the other is a non SBA Bank lender. How can someone provide a line of credit without knowing what they are leveraging? A strong FICO score only goes so far.

    Question is: why would someone lend/fund 400k without knowing anything about a business?

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