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06-13-2018, 05:47 PM #1
- Join Date
- Apr 2016
- Posts
- 103
$20M to FUND in the Term Loan and Line of Credit space - LiftForward, Inc.
Daily Funder(s),
Wanted to reach out to determine if there are any LARGE, WELL QUALIFIED requests WE could assist with in the business term loan and line of credit space. Currently tasked with placing and funding $20M in capital this month personally.
Let me know if WE can be of any assistance.
Lending Guidelines:
Loans are structured based on (creditworthiness, business cash flow and RE collateral). WE will lend in the ranges of $100,000 - $2,000,000 with term of 1-4 years and monthly payment options. The rates are as low as 12% for well-qualified borrowers. Minimal documentation, and funding timeline in 5-7 business days.
Loan Example:
WE will lend 10% of business gross revenue (minimum business income $1,000,000) and collateralize the loan with RE utilizing 100% CLTV taking 2nd or 3rd lien position on available equity up to loan amount. Minimum borrower FICO 620 (NO bankruptcies, tax liens or judgments).
Initial Submission:
- Application
- 6-months Bank Statement
- Business Debt Schedule to include collateral RE
All the best.
--
Sean Najieb
917.477.6534
sean@myliftloans.com
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