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08-17-2018, 01:09 AM #1
Reputation points: 8098
- Join Date
- Dec 2017
- Posts
- 277
Collateral
Industry: Construction/Management.
Business Start Date: 4/2017.
Location: CT.
Seeking $40,000.
Use of Funds: Renovations.
Average Monthly Deposits: $13,000 (3 months).
Average Daily Balance: $85,000 (3 months).
Average Ending Balance: $90,000 (3 months).
Owner’s Credit Score: 700
Current Debt:
1. Kabbage $25,000
2. PayPal $15,000 ($545 weekly payment).
3. Bank loan $9,000 ($238 monthly payment).
Collateral: $2,000,000 in equity from 5 properties.
The company purchases properties and renovates them for the purpose of renting them. The company manages the rental properties as well.
The company has not filed taxes for 2017.
In addition to the $40,000, I would like to consolidate the balances from Kabbage and PayPal.
How do I get this accomplished by leveraging their collateral?
Thank you in advance.
Michael Sla*****er
msla*****er@sla*****er.com
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08-20-2018, 11:10 PM #2
Reputation points: 10
- Join Date
- Jun 2017
- Posts
- 29
email me and tommorow we can start the process to get this one done! matt@triumphadvance.com or text/call me tommorow 617 697 5255
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