Results 1 to 14 of 14
-
12-08-2021, 11:41 AM #1
- Join Date
- Sep 2021
- Posts
- 190
50%
Any DIRECT lenders fund with only 50% ownership?
-
12-08-2021, 11:46 AM #2
- Join Date
- Feb 2017
- Posts
- 3,473
Loanme
Also, many will do it if there's a stip in the operating agreement that the client has full rights to take loans / investments and the other 50% can't override him.
-
12-08-2021, 11:52 AM #3
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,509
Get a copy of the operating agreement so you make sure you are not wasting time.
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
-
12-08-2021, 11:56 AM #4
Prosperum can do it. Talk to Frank
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.
-
12-08-2021, 12:28 PM #5
- Join Date
- Feb 2018
- Posts
- 1,349
it's risky Can Capital used to (not sure what current policy is ) fund with 5% ownership which was insane. Majority ownership can always come back and say they did not authorize the mca deal. You want to stick with 51% or higher unless documentation shows 50% has that power to indebt the co
-
12-08-2021, 12:36 PM #6
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,509
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
-
12-08-2021, 12:38 PM #7
- Join Date
- Jun 2015
- Posts
- 3,327
-
12-08-2021, 12:41 PM #8
Can Capital
FUND3R1
"Everyday is a bank account, and time is our currency. No one is rich, no one is poor, we've got 24 hours each. --Christopher Rice"
-
12-08-2021, 01:17 PM #9
- Join Date
- Aug 2020
- Location
- New York, NY
- Posts
- 123
ClearFund needs only 50% ownership to get a deal funded.
Thanks.Underwriting Desk | ClearFund Solutions | New York, NY.
P: 855-543-2133 E: deals@clearfund.co W: www.clearfund.co
_____________________________
ClearFund is a Direct Funder
ISO inquires: partners@clearfund.co
-
12-10-2021, 12:27 PM #10
- Join Date
- Sep 2021
- Posts
- 190
What do you ACH under? I have never seen you on bank statements
-
12-10-2021, 02:36 PM #11
- Join Date
- Sep 2021
- Posts
- 190
-
12-10-2021, 02:48 PM #12
- Join Date
- Aug 2021
- Posts
- 32
-
12-10-2021, 02:55 PM #13
- Join Date
- Aug 2020
- Location
- New York, NY
- Posts
- 123
Last edited by ClearFund; 12-10-2021 at 03:01 PM.
Underwriting Desk | ClearFund Solutions | New York, NY.
P: 855-543-2133 E: deals@clearfund.co W: www.clearfund.co
_____________________________
ClearFund is a Direct Funder
ISO inquires: partners@clearfund.co
-
12-10-2021, 03:15 PM #14
- Join Date
- Jan 2014
- Posts
- 1,380
TBB 1% needed