Results 1 to 12 of 12
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11-11-2021, 12:57 PM #1
- Join Date
- Sep 2014
- Posts
- 83
Business Loan with Real Estate Collateral
are there any lenders besides, maxim, slim and wbl that are doing business loans with real estate collateral?
Thanks in advance
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11-11-2021, 01:06 PM #2
- Join Date
- Nov 2013
- Posts
- 598
Biz2Credit
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11-11-2021, 03:18 PM #3
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,941
SBA7(a) Loans
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
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11-11-2021, 03:26 PM #4
SBA 7A loans with non-bank lenders can use business assets as collateral, equipment, inventory, A/R, primary residence, investment property, commercial property.
SBA bank lenders use Owner Occupied commercial property.
Can also do cash out 2nd or hard money refi on real estate.Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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11-12-2021, 10:43 AM #5
- Join Date
- Sep 2014
- Posts
- 83
thanks for input but they won't qualify for SBA7a..
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11-12-2021, 11:06 AM #6
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,941
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
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11-12-2021, 02:45 PM #7
If you want serious help, you need to elaborate. What kind of collateral? What is the LTV? Fico? Why don't they qualify for SBA 7A? TIB? Profitability? Fico? Just Random posts that don't really contain any information doesn't help you get a solution to your client's needs.
Last edited by Olderguy; 11-12-2021 at 03:01 PM.
Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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11-16-2021, 11:55 AM #8
- Join Date
- Sep 2014
- Posts
- 83
credit score is mid 500's
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11-16-2021, 12:45 PM #9
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,941
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
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11-18-2021, 10:02 AM #10
- Join Date
- Mar 2021
- Posts
- 48
With where the NonPrime market is at right now, there is no reason to go private money, you can get cheaper institutional money, stated NOO, stated OO, even writing paper that is in default.
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11-18-2021, 10:41 AM #11
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 726
Depends on the location and type of real estate
Bzuniga@omegafund.com
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11-19-2021, 10:56 AM #12
- Join Date
- Nov 2021
- Posts
- 1
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