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08-03-2018, 01:34 PM #1Senior Member
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Projection Based Term Loan
Hospital in Houston TX. Recent appraisal is for $27,900,000. Owes $15,000,000.
Revenue is around $1-2MM a month.
Looking for $2,500,000.
This client is not looking for a commercial mortgage or a refi. They are looking for a projection based term loan, and is willing to use their equity in the hospital as collateral.
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08-04-2018, 02:33 PM #2Senior Member
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This says LiftForward all over it.
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