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  1. #1
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    merchant seeking 150k, using land as collateral

    Merchant does low revenue, about 10 k, but wants to build a building on land he owns...will use the land as collateral...can you help?

  2. #2
    Senior Member Reputation points: 81655
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    Quote Originally Posted by Iscibibi153 View Post
    Merchant does low revenue, about 10 k, but wants to build a building on land he owns...will use the land as collateral...can you help?

    How will he service the debt since he is only grossing $10K per month?
    Where will the 10% to 20% for the down payment come from?
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  3. #3
    Senior Member Reputation points: 16709
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    Location
    Jackson Hole Wy
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    Location, We have funded a lot of land loans and construction. Just depends on location and strength of borrower

    bzuniga@omegafund . com

  4. #4
    Senior Member Reputation points: 208
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    May 2020
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    what is your criteria please?

  5. #5
    Senior Member Reputation points: 208
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    Quote Originally Posted by omegafund View Post
    Location, We have funded a lot of land loans and construction. Just depends on location and strength of borrower

    bzuniga@omegafund . com
    did you get my email?

  6. #6
    Banned Reputation points: 12
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    Anthony Auriemma
    Phone : 848-480-1814
    Fax: 888-440-1760
    Cell: 732-552-5010
    Email: anthony@BilderbergBusinessLenders.com

    www.BilderbergBusinessLenders.com

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