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07-18-2014, 06:17 PM #1
A paper
Any new direct lender looking at jumbo A paper... 400-800k loans w 10-12 month terms and factor rates of 120. Clients are 700 scores with perfect bank statements. We are looking to fast turn times
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07-22-2014, 12:06 PM #2
Any Response to this post? We have a similar deal thats too big to do in house.
Please contact me
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07-22-2014, 12:18 PM #3
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07-22-2014, 12:45 PM #4
- Join Date
- Jul 2014
- Location
- Atlanta, GA
- Posts
- 13
BizCash is great for tough to place deals, I've used them before. However they are not "A" paper lenders, I've never seen them offer lower than a 1.35 from them regardless of credit.
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07-28-2014, 04:01 PM #5
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Depending on what you mean by fast turn times tit sounds like your clients will qualify for SBA loans in the under 10% range.
generally 3 weeks to close.
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08-20-2014, 04:20 PM #6
- Join Date
- Aug 2014
- Posts
- 34
IF IT CAN BE DONE WE CAN DO IT!
Mark Crow
High Speed Capital LLC
Direct: 201-301-8788
Mark@HighSpeedCap.com
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