Collateral Based Funding
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  1. #1
    Senior Member Reputation points: 70961
    Join Date
    Jul 2017
    Posts
    548

    Collateral Based Funding

    Hi DF,

    I am looking for someone who offers this. In this instance a cash advance won't work for the merchant. He owns a laundromat and I was wondering if he would be able to get a loan and use the equipment as collateral. All help is greatly appreciated. Thank you!

  2. #2
    Banned Reputation points: 19
    Join Date
    Apr 2017
    Posts
    190

    I could assist you in this deal! Please send application, last 4 Month Bank/Merchant Statements and List of the Equipments he will use for collaterize the loan, specifically we will need the following information, see below:

    *Description of Equipment
    *Date of Purchase
    *Purchase Amount
    *If the equipment at the present are collaterizing other loan
    *Market Value AS-IS

    Go to the PM where appears our contact information.

    Thanks

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