CANADIAN LENDER NEEDED ( hard money + construction loan )
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  1. #1

    CANADIAN LENDER NEEDED ( hard money + construction loan )

    Location - Winnipeg, Manitoba

    'As is' - $1,525,000

    $1,825,000 - After Renovations

    94.12x100.00 - 9,383sqft | 13 out side parking stalls

    My client currently has an OTP for 1.4MM to acquire the building. We are able to SECURE this building for a loan.
    Founder & CEO
    Diamond Equities Group & VVS Funding

  2. #2
    Senior Member Reputation points: 11375
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    Quote Originally Posted by Dean Yadid View Post
    Location - Winnipeg, Manitoba

    'As is' - $1,525,000

    $1,825,000 - After Renovations

    94.12x100.00 - 9,383sqft | 13 out side parking stalls

    My client currently has an OTP for 1.4MM to acquire the building. We are able to SECURE this building for a loan.
    Not sure if they will utilize the real estate, but I'd start with CanaCap or Business Credit & Capital and see what they say. Those are the only Canadian lenders I've worked with but that was on an MCA basis.

  3. #3
    Senior Member Reputation points: 4567 NickHubbard's Avatar
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    Saint Louis, Mo
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    334

    Hey,

    Try Owemanco | http://www.owemanco.com/
    Nick Hubbard
    Senior Loan Advisor
    314-252-0299 - Office
    314-885-2262 - Direct
    nick@elitefactoring.com
    www.elitefactoring.com

  4. #4
    Quote Originally Posted by NickHubbard View Post
    Hey,

    Try Owemanco | http://www.owemanco.com/
    Thanks
    Founder & CEO
    Diamond Equities Group & VVS Funding

  5. #5
    Any other recommendations? Owmanco doesn't deal with my area; Toronto only.
    Founder & CEO
    Diamond Equities Group & VVS Funding

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