Results 1 to 12 of 12
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04-17-2018, 12:09 PM #1
- Join Date
- Jan 2014
- Posts
- 1,378
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.
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04-17-2018, 12:13 PM #2
- Join Date
- Dec 2017
- Posts
- 7
Send it over. We can go up to 12 months on construction and have no cap on dollar amount
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04-17-2018, 12:17 PM #3
- Join Date
- Jun 2017
- Posts
- 15
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
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04-17-2018, 01:26 PM #4
- Join Date
- Dec 2013
- Posts
- 4,713
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
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04-17-2018, 01:39 PM #5
- Join Date
- Aug 2017
- Posts
- 405
Everest, Yellow, and I have a construction factoring company in FL PM ME
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04-17-2018, 01:53 PM #6
- Join Date
- Jan 2017
- Posts
- 389
We fund construction deals.
Paul Boxer
Merchant Marketplace
Chief Operating Officer
Chief Revenue Officer
Cell: (516) 805-9209
paul@merchantmarketplace.com
www.merchantmarketplace.com
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04-17-2018, 03:17 PM #7
- Join Date
- Feb 2018
- Posts
- 15
"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
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04-17-2018, 03:22 PM #8
- Join Date
- Jun 2017
- Posts
- 2,049
Vital
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04-18-2018, 10:35 AM #9
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
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
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04-18-2018, 10:57 AM #10
- Join Date
- Jan 2014
- Posts
- 1,378
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04-20-2018, 08:29 AM #11
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
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
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04-20-2018, 03:05 PM #12
- Join Date
- Nov 2014
- Posts
- 438
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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