[PopCash]

Have a merchant with bad credit but has collateral to pledge with no loans on it. Who can do this?

[omegafund]

What state? What type of property?

[DTFdowntofund]

Lift Forward. Par is trying. I think PledgeCap used to do non RE collateral if I'm not mistaken but I haven't heard of them in a minute.

[Big Mack]

Lift Forward. Par is trying. I think PledgeCap used to do non RE collateral if I'm not mistaken but I haven't heard of them in a minute.

LiftForward won't work with "bad" credit

[abfunders]

The big question is - What's the collateral and how much is it worth and how much is he looking for? We can help you with the expectations if you give us a bit more than "similar to WBL" because there are many reasons why someone would or wouldn't go with WBL.

[WhoisKingsley]

Have a merchant with bad credit but has collateral to pledge with no loans on it. Who can do this?

Is it real estate? Depends on the type of collateral and the state

[DTFdowntofund]

LiftForward won't work with "bad" credit

You're right. I skimmed right over that detail.

[PopCash]

The guy has terrible credit, but has collateral (owns 400K property with no mortgage). State is PA

[abfunders]

That should be pretty easy if you're willing to do the work. Up to 50% LTV as long as it's not rural. Give me an email to discuss.

[Big Mack]

I'm amazed that someone from WBL hasn't tried to get this deal on here yet.

[abfunders]

For such a deal, it sounds like WBL would be really expensive, there are other private money lenders who can do it. Unless it's a primary residence, in which case WBL would truly be the only path for a regular non-licensed real estate broker like you and me.

[WestCoastFunding]

I'm amazed that someone from WBL hasn't tried to get this deal on here yet.

The problem is most WBL reps are illiterate.

[DTFdowntofund]

The problem is most WBL reps are illiterate.

I legit lol'd on this

[abfunders]

The problem is most WBL reps are illiterate.

However - Rob's the man.