Looking for a Business LOC Against Real Estate
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  1. #1

    Looking for a Business LOC Against Real Estate

    We have 4, wealthy medical doctors opening a cannabis growing business in February/March (business filings already established).

    They are looking for a true business line of credit against real estate for about $500k-$1MM. They are open to PGs as well.

    The company they are setting up is pre-revenue, but they have significant real estate to pledge:
    • Commercial Property: $600k Balance, $2MM Stated Value
    • Residential Properties: 5 or 6 free and clear properties in popular California locations (Ventura County and Los Angeles County)


    They are willing to pledge a combination of these (within reason)

    Any lenders out there that would look at this?

  2. #2
    Please send me the proposed use of proceeds and real estate schedule.
    Ben Rutkevitz
    Alleon Healthcare Capital
    benr@alleoncapital.com
    (201) 340-6346
    http://www.alleonhealthcare.com/

  3. #3
    Senior Member Reputation points: 54
    Join Date
    Mar 2016
    Posts
    123

    We have lenders that'd help with this..
    Mike Lewis - commercial real estate loan broker / owner
    No up front fees loan broker
    Commercial real estate loans: Acquisition, refinance, construction and FAST bridge loans from $200k +

    tel/voicemail: 937-964-5355
    cell/voicemail: 440-637-5646
    corporate email: mikelewis@michaellewisgroup.com

    www.linkedin.com/in/cigarmike

    Veteran Owned

    WE CO-BROKER with an even 50/50 split and we both get paid by wire at close.

    We issue a combination mutual NDA / fee split, you introduce your CRE clients to us stating simply we handle your commercial real estate loans, we take it from there and keep you in the loop. When a loan you referred closes, you get paid at close by wire.If you can work with that please do not hesitate to contact us. Our loan forms are vanilla with no company name.

    Michael Lewis Group Commercial real estate loans

    http://michaellewisgroup.com/index.html

    Loan Matrix

    Forms

    About Us

    Discounted cell phone plans starting at $15 / month. AT&T from $30/mo, T-Mobile from $15/mo, Verizon from $35/mo.

    http://arthodyd.com/d.html

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