Results 1 to 9 of 9
-
03-17-2022, 02:33 PM #1
- Join Date
- Jul 2021
- Posts
- 46
Any lender for a fast RE backed (Biz Prop) line or term,200k equity, need 100k
Merchant needs to payoff a few positions,,he was stacked and get additional funds,, Must be super quick due to a private investor loan due
Scores not good,,cash flow is good,,,no NSF's
-
03-17-2022, 04:27 PM #2
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,952
What broker(s) twisted the merchant arms and placed his head into a vice grip to accept multiple positions
50 lashes with a wet noodle for those broker(s)!!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
-
03-17-2022, 05:18 PM #3
- Join Date
- Sep 2021
- Posts
- 5
What kind of real estate collateral? What is it worth?
-
03-17-2022, 06:44 PM #4
Hard money real estate loan will typically take 3 - 4 weeks. Other problem is loan amount maybe too small for many lenders. Will have to be no doc due to low Fico. Possible to do a site inspection....depends on the situation....I have one guy who might be able to do it...but won't be quick. If you get a LOI or Term Sheet, maybe private investor may be OK with delay. I'd be willing to look at it but you need to be aware of the issues stated. And what kind of business?...will it require an environmental?
Last edited by Olderguy; 03-17-2022 at 06:58 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.
-
03-18-2022, 12:48 PM #5
GM send me your email address. I have just the program for you...according to your senario.
Leverage Capital Associates
Robb Payne
Managing Partner
Direct (561)440-3517
robb@levcapconsulting.net
-
03-18-2022, 02:00 PM #6
- Join Date
- Jul 2021
- Posts
- 46
He has a biz prop worth 275k free and clear and a private residence free and clear worth 500k
-
03-18-2022, 02:01 PM #7
- Join Date
- Jul 2021
- Posts
- 46
-
03-18-2022, 02:49 PM #8
I could probably do it but will take time and your original post said needed it quick. Send me an email and I'll send you a package of docs needed if you want to pursue it. I am getting approvals in a day.
I just need a personal financial statement, something with a credit score, debt form, use of funds and exit strategy to start.Last edited by Olderguy; 03-18-2022 at 02:52 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.
-
03-22-2022, 03:33 PM #9
- Join Date
- Mar 2022
- Posts
- 24
we could be able to help, reply under 10 minutes, can get funded under an hour, please send it over
ari@ibexfundinggroup.com
6463002347
Similar Threads
-
Need another 15-18 month lender best rate/term have 100k+ deal
By BackDoorAvenger in forum Deal BinReplies: 5Last Post: 04-23-2019, 01:33 PM -
Merchant seeking $100k-500k backed by RE
By Iannad in forum Deal BinReplies: 7Last Post: 08-20-2018, 11:14 PM -
Bad Credit Term Lender? 500-600? (merchants makes 1M+ year, 100k+ deposits per month)
By CFSCCorp in forum Deal BinReplies: 5Last Post: 06-01-2017, 05:52 PM -
Contractor, Sole Prop in CA - $80K to $100K mthly
By Quickfunder in forum Deal BinReplies: 2Last Post: 10-14-2016, 10:11 AM -
Juice Bar (Sole Prop) San Diego, CA. Does 100K-125K, looking for term loan
By BigIz in forum Deal BinReplies: 10Last Post: 04-25-2016, 01:42 PM