construction who is best lender for it?
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  1. #1
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    construction who is best lender for it?

    No file in particular because I have a few of them right now offers I am getting are not good, and files are clean for the most part.

  2. #2
    Send it over. We can go up to 12 months on construction and have no cap on dollar amount

  3. #3
    we can do it 4-6 month terms all day!


    Marc Zimberg
    Business Funding Specialist
    ISO Relations Develepmont
    Yellowstone Capital LLC
    Direct: (646) 774-3088 (Ext#1337)
    Cell: (201) 855-6343
    Fax: (978) 244-8232
    mzimberg@yellowstonecapllc.com
    www.yellowstonecap.com

  4. #4
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    Construction is in our top 5 funding sectors (Along Restaurants and Trucking-Transportation).
    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

  5. #5
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    Everest, Yellow, and I have a construction factoring company in FL PM ME

  6. #6
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    We fund construction deals.
    Paul Boxer
    Merchant Marketplace

    Chief Operating Officer
    Chief Revenue Officer

    Cell: (516) 805-9209
    paul@merchantmarketplace.com
    www.merchantmarketplace.com

  7. #7
    "send it to me we can fund anything paying all commission, we'll pay you the most ... scratch that we'll give you all the commission. !"

    lol why does anyone ask this forum of anything

  8. #8
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    Vital

  9. #9
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    SaChip - I'm presuming the construction is real estate related. If that is the case, I do a lot of CRE construction financing, leveraging the real estate as collateral. I have north of $30MM in construction deals in the pipe right now, some smaller deals and some very large. Rates can vary widely, typically from 6% - 12%, depending upon the deal, whether it is just a short term, interest only loan or converting to a perm loan upon completion, and whether it is a full doc loan or stated.

    One of the most important factors (next to financials, of course) is the strength of the client. If they have demonstrated experience and strong financials, it can be very doable. But if they are a Starbucks Barista and now trying their hand at their first construction deal, it will be an uphill battle. :-)

    Feel free to reach out if you would like to discuss.

    I fund most types of real estate related deals, from casn-out refi, purchase, construction, and more.

    Please email or call rather than PM, as I do not check in here very often.

    Best,

    Dan Page
    Boulder Equity Partners
    Direct: (303) 938-8280
    dan@BoulderEquityPartners.com

  10. #10
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    Quote Originally Posted by dpFund View Post
    SaChip - I'm presuming the construction is real estate related. If that is the case, I do a lot of CRE construction financing, leveraging the real estate as collateral. I have north of $30MM in construction deals in the pipe right now, some smaller deals and some very large. Rates can vary widely, typically from 6% - 12%, depending upon the deal, whether it is just a short term, interest only loan or converting to a perm loan upon completion, and whether it is a full doc loan or stated.

    One of the most important factors (next to financials, of course) is the strength of the client. If they have demonstrated experience and strong financials, it can be very doable. But if they are a Starbucks Barista and now trying their hand at their first construction deal, it will be an uphill battle. :-)

    Feel free to reach out if you would like to discuss.

    I fund most types of real estate related deals, from casn-out refi, purchase, construction, and more.

    Please email or call rather than PM, as I do not check in here very often.

    Best,

    Dan Page
    Boulder Equity Partners
    Direct: (303) 938-8280
    dan@BoulderEquityPartners.com
    does it have to be commercial or do you also do residential?

  11. #11
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    Quote Originally Posted by Sachip24 View Post
    does it have to be commercial or do you also do residential?
    Does not have to be commercial. Half of what I fund is commercial.

    Please email or call with any further questions, so I do not miss your response (don't check in here often).

    thanks,

    Dan Page
    Boulder Equity Partners
    Direct: (303) 938-8280
    dan@BoulderEquityPartners.com

  12. #12
    Quote Originally Posted by Sachip24 View Post
    No file in particular because I have a few of them right now offers I am getting are not good, and files are clean for the most part.
    LoanMe often funds construction companies for our partners. For example we just funded a construction company averaging $4k per month in deposits a $45k loan as their healthy average balances allowed them to afford our $1,500 monthly payment on a 10 year term. Businesses typically get higher loan sizes with us as we focus on affordability of our monthly payment (via average daily balances) vs just income/deposits.
    LoanMe Business
    949-535-7798
    Email: Business.Loans@LoanMe.com




    www.loanme.com/SBL-partner
    1900 S State College Blvd. Suite 300
    Anaheim, CA 92806

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