Question or Loan Structure
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  1. 12-04-2019, 11:52 AM #1
    FSB
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    Question or Loan Structure

    Any suggestions on a merchant paying interest only for (6) months on a loan, with their bank taking out the balance at the end of (6) months?


    Thanks!

    Howie Dane
    President

    Funding Sources for Business
    president@fundingsourcesforbusiness.com
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  2. 12-04-2019, 12:02 PM #2
    DannyFoxCap
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    What are you asking here? This is a partially amortized loan
    Direct: 347-468-7528
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  3. 12-04-2019, 12:06 PM #3
    FSB
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    Yes, exactly-
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  4. 12-04-2019, 12:54 PM #4
    abfunders
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    Loanme gets you pretty close to that. It's does as simple interest over the long term of 10 years, so the monthly payments are low. Otherwise, business credit cards.
    Micah Markowitz | mmarkowitz@abfunders.com | 314-396-2828 | abfunders.com
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  5. 12-04-2019, 01:21 PM #5
    ryan $
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    INterest only then a balloon payment.

    24 months, 36 months. alot of people do these
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  6. 12-05-2019, 09:15 AM #6
    FSB
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    Thanks, any quick suggestions?
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  7. 12-05-2019, 10:44 AM #7
    omegafund
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    Easy if they have real estate with equity
    www.omegafund.com
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  8. 12-05-2019, 02:40 PM #8
    FSB
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    Thanks guy, but there is no equity involved. They just need to pay the interest only for (6) months and their bank will take out the balloon payment.
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