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  1. #1
    Senior Member Reputation points: 20458 Fundyman's Avatar
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    Dec 2013
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    Asset-based Loans Without Appraisal or Credit Check?

    Looking for an asset-based lender who has no need for doing appraisals nor cares about credit scores. I remember a guy used to do 70% of whatever he felt was liquidation value. Anybody know a lender like that?

  2. #2

  3. #3
    Senior Member Reputation points: 16709
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    What type of collateral?

  4. #4
    Senior Member Reputation points: 34509 Jstarr's Avatar
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    Nov 2014
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    South Florida
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    .................depending on property type, I could possibly do it with a BPO, but i have to ask, What is he hiding that he doesn't want an appraisal or credit check?

    We're not credit sensitive - but it makes me wonder.
    Jerry Starr
    Insource Funding
    433 Plaza Real, Ste 275 Boca Raton, Fl 33432
    P: 800-805-3391 Fx: 561-270-6895
    Jerry@insourcefunding.net | insourcefunding.net

    WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL

  5. #5
    Senior Member Reputation points: 27404
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    Texas
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    Quote Originally Posted by Fundyman View Post
    Looking for an asset-based lender who has no need for doing appraisals nor cares about credit scores. I remember a guy used to do 70% of whatever he felt was liquidation value. Anybody know a lender like that?
    pawn shop?

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