BAD Credit Start Up Loan Of $20K With $40K Home As Collateral
Need a Funder or Vendor? START HERE

Results 1 to 2 of 2
  1. #1

    BAD Credit Start Up Loan Of $20K With $40K Home As Collateral

    Basically, I have a merchant who wants to launch a Start Up but has bad credit (in the 500's). He is looking for only $20,000.00 and has a paid off home as collateral worth over $40,000.00

    Please email or message me if you can help and Thank You

    admin@valueandintegrity.com

  2. #2
    Senior Member Reputation points: 227882
    Join Date
    Feb 2017
    Posts
    3,429

    In the beginning, I tried working many deals like this.
    Startups with less than 680 FICOs (you really want 700+) are a waste of time.
    Private homesteads need licenses, and take too long.
    Find a different/better lead and don't waste your time. You can theoretically find a way to do credit repair if you'd like, but that's about it.

Similar Threads

  1. Line of Credit - Home as Collateral
    By CashAdvanceKing in forum All Other Lending
    Replies: 2
    Last Post: 06-10-2019, 06:11 PM
  2. Replies: 1
    Last Post: 11-30-2016, 03:31 PM
  3. Mobile home for collateral, seeking loan
    By Moneyformerchant in forum Deal Bin
    Replies: 3
    Last Post: 07-29-2015, 09:41 PM
  4. Replies: 4
    Last Post: 12-30-2014, 11:42 AM
  5. Replies: 1
    Last Post: 09-12-2014, 10:15 AM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Lendistry welcomes new CFO
LegalZoom partners w/ businessloans.com
iBusiness Funding acquires Funding Circle


DIRECTORY