Results 1 to 10 of 10
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03-02-2020, 12:33 PM #1
- Join Date
- Feb 2020
- Posts
- 21
8 MCA Balances & a Real Estate Collateral Loan
Merchant has 8 MCA Balances & a real estate collateral loan-Any other options?
Total MCA Balances $115K
Deposits around $100K-125K per month
Any lenders that will do a consolidation?
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03-02-2020, 12:43 PM #2
- Join Date
- Oct 2016
- Posts
- 4,318
No hope for this one. Sadly, he going out of business.
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03-02-2020, 12:49 PM #3
- Join Date
- Feb 2017
- Posts
- 3,425
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03-02-2020, 01:55 PM #4
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 727
Why would any real lender step into that mess
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03-02-2020, 02:31 PM #5
- Join Date
- Feb 2017
- Posts
- 3,425
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03-02-2020, 02:47 PM #6
- Join Date
- Oct 2016
- Posts
- 4,318
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03-02-2020, 03:06 PM #7
- Join Date
- Feb 2017
- Posts
- 3,425
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03-02-2020, 07:12 PM #8
- Join Date
- Jan 2014
- Posts
- 1,374
what type of real estate and how much equity is in that real estate? if theres enough equity you can do cash-refi commercial mortgage and pay everything off
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03-04-2020, 03:22 PM #9
- Join Date
- Feb 2020
- Posts
- 4
I can restructure all 8 positions. Cut his payment in half or less than half. Call me 848-245-6155 or email me michaelt@bilderbergbusinesslenders.com
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03-11-2020, 10:44 PM #10
- Join Date
- Jun 2014
- Location
- Houston Tx
- Posts
- 97
70% LTV in 3 to 5 business days 620 score 30 year term 7% to 10.99% Must close in an LLC or Company name No tax returns bring your own appraisal Most any major metropolitan area no paper app! Please advise if 70% will accomodate your WBL deal... Thanks!
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