Personal/Business Hybrid
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  1. #1

    Personal/Business Hybrid

    Large Festival that does about 150k every November this is the 5th year coming up.

    Looking for 65k for promotion marketing etc.

    I have Tax Returns, and Banks for event but stagnant until November on the biz front.

    Pay Stubs showing 5,000 net monthly, willing to use a mix of biz and personal as far as guaranty

    No collateral - Festival is in Large US city.

    ---- Way out there, but anybody have an idea that might work?

  2. #2
    Senior Member Reputation points: 1422
    Join Date
    Dec 2013
    Location
    Connecticut
    Posts
    332

    Try referring them to one of the personal finance companies like a Lending Club, a google search will come up with a bunch, usually around $150 for the referral if they close. Not sure you'll that much though, probably closer to $35K.

  3. #3
    Senior Member Reputation points: 226466
    Join Date
    Feb 2017
    Posts
    3,407

    If the FICO is 680+ and they're not too over-leveraged, I have a few creative sources that you can make up to 7 points on max upsell.

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