Results 1 to 5 of 5
-
01-08-2020, 04:04 PM #1
Need Asset-Based Loan Using about $1.5 million in Farm Equipment for $500,000 Loan
The key issue here is getting this done without having to do income verification.
If we can bypass appraisal as well, that would be gold. If not, that's understood, but for sure, better to do no income ver.
They CANNOT let go of the equipment while using the capital (à la PledgeCap or the likes. He needs the equipment)
70% of assessed FLV is the loan goal. Looking to move really quickly on this.
Please PM me or email so I get faster notification; anything else doesn't work for me.. I can't follow threads to get notified or nothing...
-
01-08-2020, 04:28 PM #2
Reputation points: 322354
- Join Date
- Mar 2015
- Location
- Rock Ridge
- Posts
- 3,394
I don't know of any equipment lenders or any other lender that will do a loan on equipment without verifying income or using some type of appraisal.....nor should they.
Hedley Lamarr......That's Hedley
-
01-08-2020, 04:39 PM #3
Reputation points: 192015
- Join Date
- Feb 2017
- Posts
- 3,142
I know of at least two that do this type of thing. Rates work out to be a 1.5 factor rate over 4 years (monthly payments), there is an appraisal, and generally a yearly inspection (for another fee).
75% FLV
-
03-31-2020, 11:56 PM #4
Reputation points: 12
- Join Date
- Mar 2020
- Posts
- 160
CONTACT ME ASAP!
Bilderberg Business Lenders
732-552-5010
-
04-11-2020, 11:56 PM #5
Reputation points: 12
- Join Date
- Mar 2020
- Posts
- 160
DONE DEAL!!!
Anthony Auriemma
Phone : 848-480-1814
Fax: 888-440-1760
Cell: 732-552-5010
Email: anthony@BilderbergBusinessLenders.com
www.BilderbergBusinessLenders.com
Similar Threads
-
A Little Help *Pretty Please* - Real Estate Asset Based Commercial Loan
By gigithefundinggoddess in forum Business LoansReplies: 1Last Post: 11-15-2018, 11:23 AM -
Asset based hard money loan. 83 properties. appraised 1.8 mil.
By McoupeBobby in forum Deal BinReplies: 5Last Post: 02-09-2017, 07:05 PM -
Asset based real estate loan
By D360 in forum All Other LendingReplies: 8Last Post: 02-04-2016, 09:48 AM -
Asset based loan for Real Estate
By BB_Cooper in forum Deal BinReplies: 2Last Post: 09-23-2014, 10:13 AM -
Seek 150K collateral (asset based ) loan
By bostriba in forum Deal BinReplies: 3Last Post: 08-26-2014, 03:11 PM